RCI panel member lodges police report


The royal commission of inquiry into the foreign exchange losses suffered by Bank Negara in the 1990s submitted its report in Parliament today. – The Malaysian Insight file pic, November 30, 2017.

THE secretary of the royal commission of inquiry into the foreign exchange losses suffered by Bank Negara (BNM) in the 1990s today lodged a police report in connection with the commission’s recommendations.

Dr Yusof Ismail, who is also the secretary of the Finance Ministry’s strategic investment division, lodged the report at the Putrajaya police headquarters at 4.10pm.

Speaking to reporters later, Yusof said the report was lodged to enable police to carry out official investigations into criminal breach of trust, cheating and other offences that might have been committed by parties named in the report.

Asked whether former prime minister Dr Mahathir Mohamad and Anwar Ibrahim, who was the finance minister then, were named in the police report, Yusof said no specific parties were named.

“Based on the commission’s report, we find many parties were involved like BNM, the Finance Ministry and the National Audit Department.

“I also attached the full report of the RCI’s findings, both the Bahasa Malaysia and English versions, to guide police in their investigations.”

Yusof said based on his exchange with the officers receiving the report, he was made to understand that the investigations would be carried out by the Dangi Wangi police headquarters in Kuala Lumpur.

Asked why the report was only lodged today when it had been ready some time back, he said it was on “embargo” before it was tabled in Parliament.

Earlier today, the 524-page report was tabled in the Dewan Rakyat. It found that there was basis for the police to commence investigations, among others, to determine whether Dr Mahathir had condoned the actions of the finance minister (Anwar) which led to the central bank incurring losses of RM31.5 billion. – Bernama, November 30, 2017.


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