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Wednesday, December 13, 2017

Bukit Aman cops question Mahathir on forex losses

Mahathir-forex

PUTRAJAYA: Four policemen, believed to be from the Bukit Aman police headquarters, arrived to take Dr Mahathir Mohamad’s statement on Bank Negara Malaysia’s (BNM) RM31.5 billion foreign exchange losses in the 1990s.
The four officers arrived at the Perdana Leadership Foundation (PLF) here at 1.34pm in two vehicles with documents for investigations.
Four lawyers, led by Haniff Khatri Abdulla, had arrived 30 minutes earlier to sit in during the recording of the former prime minister’s statement.
A five-man Royal Commission of Inquiry (RCI), chaired by Mohd Sidek Hassan, recently concluded that there were elements of hidden facts and information relating to forex losses suffered by BNM and misleading statements given to the cabinet, Parliament and the public.
The RCI report said BNM suffered a total loss of RM31.5 billion between 1992 and 1994.
The commission proposed that the police open investigations into possible criminal breach of trust or cheating by various parties, including Mahathir and then finance minister (1991-1998) Anwar Ibrahim.
Special mention was made of ex-BNM adviser Nor Mohamed Yakcop, whom the report named as “principally liable for criminal breach of trust” while Daim Zainuddin, another former finance minister (1984-1991), was said to have aided and abetted Nor Mohamed. -FMT

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