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.

The Dutch state, as a signatory to the 1948 Genocide Convention, has a duty to take all reasonable measures at its disposal to prevent genocide.

Moves by Trump and his appointees to eliminate existing rules will be met with legal challenges, as many progressive groups and Democratic officials have made clear.

Consultations on PTPTN loans and admission to IPTA are among services provided at the Higher Education Ministry booth.

Almost 200 residents from 60 homes in Kampung Tanjung Kala have ended up stuck when their 200-metre (m) long concrete bridge flooded.

The draft finance deal criticised by both developed and developing nations.

This was following the discovery of a suspected prohibited item in luggage.

Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.

Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.

The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.

KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.