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Minister Dr Mahathir Mohamad is expected to testify this afternoon in the royal commission of inquiry into Bank Negara Malaysia’ s forex losses 25 years ago. ( RCI) into Bank Negara Malaysia’ s ( BNM) foreign exchange losses occurs, it is clear that the commission has not established much going by the proceedings which ended two days ago. Forex rci malaysia.

Forex RCI – AG maintains objection to Dr M' s challenge Dr M' s lawyer to seek AG' s stand on forex RCI challenge Bid to strike out Dr M' s forex RCI suit gets August court date. The task force that carried out that investigation was set up to find out how much the central bank lost during a foray into currency trading more than 20 years ago, Bank Negara Malaysia the. To cover the losses 47 million Tenaga Nasional Bhd shares were discreetly transferred at par value , some 123 million Telekom Malaysia Bhd shares sold to shore up the reserves.

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In other words by mid- October the RCI. The Royal Commission of Inquiry ( RCI) into the forex losses that occurred in the 1980s- 1990s has to be completed in three months. The session kicked- off off at 9am. THE Royal Commission of Inquiry into Bank Negara Malaysia’ s ( BNM) foreign exchange losses in the early 1990s continues today with its second day of the hearings at the Palace of Justice in Putrajaya. Forex rci malaysia. He had been under political pressure to finger Mahathir over the forex scandal but he. 5 billion losses Bank Negara suffered gambling on the forex market is turning into a nowhere- to- hide fiasco for four people: Tun Dr Mahathir Mohamad Tun Daim Zainuddin, Anwar Ibrahim Lim Kit Siang.
( FMT) - An Umno grassroots. RCI Hearing into Bank Negara Malaysia' s Forex losses in 90s full testimony of Tun Mahathir Tun Daim I September 18. As early as 8am scores of local , foreign members of the press have at the Court of Appeal 6 at the Palace of Justice, · Forex RCI - what it has, has not established.
Yes, a mere three months. PUTRAJAYA: The hearing of the Royal Inquiry Commission ( RCI) into Bank Negara Malaysia' s ( BNM) foreign exchange ( forex) market losses in the 1980s and 1990s continued today.


The Royal Commission of Inquiry ( RCI) into the RM31. The RCI heard that the forex losses depleted two- thirds of the central bank’ s reserves. The RCI was set up following a Cabinet meeting soon after the New Straits Times published an interview with former Bank Negara Malaysia ( BNM) assistant governor Datuk Abdul Murad Khalid in which he claimed that the central bank had suffered forex losses of around US$ 10 billion in the early 1990’ s. This website is owned First Level, controlled , operated by : RCI India, Bangalore 560 071, Off Intermediate Ring Road, Pine Valley, Embassy Golf Links Business Park India. Connect With RCI. Gerakan Akar Umbi Umno Malaysia ( Gaum) lodges a police report to support call for findings of report on RCI on Bank Negara Malaysia’ s forex losses to be investigated.

Live updates: Day 2 of RCI on Bank Negara forex losses. The Prime Minister’ s Office announced the RCI to look into Bank Negara Malaysia’ s ( BNM) forex losses in the 1980s 1990s on June 21 on the recommendation of a special task force.

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