Sabah Progressive Party President Datuk Seri Yong Teck Lee cited Sarawak's success as a model for achieving financial security through a coalition of local parties. He stated that Sarawak had launched its own airline, invested in banking and green energy, and established a coast guard without external interference. In contrast, he claimed Sabah suffered from significant financial leaks, including the non-payment of its constitutional entitlement to forty percent of federal tax revenue and the erosion of local business ownership.
Yong Teck Lee attributed these problems to governance influenced by parties based in Malaya, which he said caused economic policies to tilt away from Sabahans. He reported that local business ownership had plummeted from ninety percent to under twenty percent over two decades. He concluded that adopting a united local coalition was the only way to secure Sabah's economic future and stop the outflow of wealth.
Yong Teck Lee attributed these problems to governance influenced by parties based in Malaya, which he said caused economic policies to tilt away from Sabahans. He reported that local business ownership had plummeted from ninety percent to under twenty percent over two decades. He concluded that adopting a united local coalition was the only way to secure Sabah's economic future and stop the outflow of wealth.
