Ongkili said the committee, which is chaired by finance minister Tengku Zafrul Aziz, is expected to meet soon to discuss the issue further.

He noted that during the Pakatan Harapan administration, the review of financial and annual grants under Article 112D of the Federal Constitution, as well as the refund of 40% income and revenues derived from Sabah, had been addressed.

However, the current state government rejected the offer as the PH formula did not explain how they came up with the amount.

“Sarawak also rejected the PH formula for similar reasons. Both states wanted to know how the formula was derived and whether it reflected the right amount of what is payable to both states.

“Both Sabah and Sarawak want a transparent formula, which is in line with what is rightfully payable under the Federal Constitution,” he said.

The special grant is stipulated in Article 112D of the Federal Constitution which states that Sabah has the right to 40% of net revenue derived by the federal government from the state.