Article Related To forex losses

The RCI secretary in a notice said commission chairman Tan Sri Mohd Sidek Hassan would meet the King at Istana Negara between 5pm and 6pm.

Datuk Seri Anwar Ibrahim today told the Royal Commission of Inquiry into Bank Negara Malaysia's (BNM) foreign exchange (forex) losses that the central bank's former adviser Tan Sri Nor Mohamed Yakcop.

The former Bank Negara adviser conceded that the central bank suffered foreign exchange losses in 1986 to 1993.

The proceedings of the Royal Commission of Inquiry (RCI) to investigate the foreign exchange losses by Bank Negara Malaysia in the 1990s will be held on Monday.

The PMO said the formation of the Commission was done according to the Commission of Inquiry Act 1950 (Act 119) and had taken effect from July 15, 2017.

Communications and Multimedia Minister told the opposition Pakatan Harapan not to politicise the decision to set up a Royal Commission of Inquiry.

The Cabinet's decision to form an RCI to investigate the forex losses suffered by Bank Negara, which some say are up to RM100 bln of the rakyat's money, has created a state of panic.

BNM welcomed the formation of the RCI by the government to independently investigate the forex losses.

Tun Dr Mahathir Mohamad says he is willing to be investigated in relation to losses on foreign currency transactions by Bank Negara Malaysia (BNM) in the 1990s.

The special task force probing into Bank Negara Malaysia's (BNM) forex losses in the 1990s held its first meeting at the finance ministry here today.

Axiata Group Bhd's pre-tax profit for financial year ended Dec 31, 2016 slipped by 66 per cent to RM1.14 billion.

The Cabinet has appointed former chief secretary to the government Tan Sri Mohd Sidek Hassan as chairman of the Special Task Force to carry out preliminary investigations into the losses involving for

She also said that the government always adhered to the principle that a person was innocent until proven guilty.

Bank Negara Malaysia (BNM) will extend its full cooperation to the special taskforce set up by the Cabinet to probe the foreign exchange (forex) losses which happened over 25 years ago.

Bank Negara Malaysia (BNM) says it has moved forward, stronger, was more transparent and accountable from the point of foreign exchange losses which happened almost 25 years ago.

Israel will gradually withdraw its forces over 60 days as Lebanon's army takes control of territory near its border with Israel to ensure that Hezbollah does not rebuild its infrastructure there.

Donald Trump says he would impose the tariffs until China stops the flow of illegal drugs, particularly fentanyl, into the United States.

Topping the demands of Khan's Pakistan Tehreek-e-Insaf (PTI) party is the release of all its leaders, including Khan, who has been jailed on a series of corruption charges since August 2023.

The report highlights that "60 per cent of all female homicides" are committed by "people closely related to them".

Two subsea cables, one linking Finland and Germany and the other connecting Sweden to Lithuania, were damaged in less than 24 hours.

It is clear that adding more lanes and highways doesn't work, because we are still attempting the same approach to solve the issue.

This investment includes efforts to upgrade INOKOM's existing assembly capacity to meet Hyundai's automotive needs.

'C4Cinta', directed by young filmmaker Karthik Shamalan, has set a new benchmark in Malaysian Tamil cinema.

The court denied bail and scheduled case mention on Feb 7 for the submission of forensic, autopsy, and chemist reports.

The classroom assessment approach offers a much more interesting learning ecosystem, says Fadhlina Sidek.