RM31.5 billion in forex losses were never verified, say lawyers


Bede Hong

THE Royal Commission of Inquiry (RCI) cannot conclude that Bank Negara’s losses from foreign exchange trading were RM31.5 billion from 1991 to 1994, as the audited figure was never verified, lawyers representing Anwar Ibrahim said in their written submission.

They said a 2007 audit had come up with figures that were different from what was presented in the annual reports for 1992 and 1993.


Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one (1) week free access!

Subscribe Now!


Sign up or sign in here to comment.


Comments