TASK FORCE WRAPS UP FOREX PROBE

We have called up all those peo­ple that we need to call, says head of spe­cial in­ves­ti­ga­tion team

New Straits Times - - News / Nation -

AZURA ABAS AND FAIRUZ MOHD SHAHAR PUTRAJAYA news@nst.com.my

IT looks like the spe­cial task force, en­trusted to con­duct a pre­lim­i­nary probe into Bank Ne­gara Malaysia’s (BNM) for­eign ex­change (forex) losses in the 1990s, has wrapped things up. For­mer chief sec­re­tary to the govern­ment Tan Sri Mohd Sidek Has­san, who heads the seven-mem­ber task force, said yes­ter­day: “We have called up all those peo­ple that we need to call.”

He, how­ever, de­clined to en­ter­tain fur­ther ques­tions from the me­dia.

Ear­lier the task force had met for­mer BNM as­sis­tant gov­er­nor Tan Sri Nor Mo­hamed Yak­cop.

He ar­rived at the min­istry at 3.25pm and left about 45 min­utes later.

He kept mum when ap­proached by re­porters as he was about to en­ter his car.

Last month, for­mer deputy prime min­is­ter Datuk Seri An­war Ibrahim, who was also the fi­nance min­is­ter at the time, had con­firmed that the coun­try lost be­tween RM15 bil­lion and RM30 bil­lion in the the for­eign ex­change scandal.

An­war, who gave his state­ment to the task force last month, claimed that the then cen­tral bank gov­er­nor Tan Sri Jaa­far Hus­sein, had ad­mit­ted to him that Nor Mo­hamed was iden­ti­fied as the of­fi­cer re­spon­si­ble.

He said Jaa­far was not pro­vided with the com­plete in­for­ma­tion and he then ac­cepted Nor Mo­hamed’s res­ig­na­tion.

Nor Mo­hamed was among sev­eral in­di­vid­u­als, in­clud­ing DAP ad­viser and Ge­lang Patah mem­ber of par­lia­ment Lim Kit Siang, whom the spe­cial had called up since it was formed on March 14.

The task force is look­ing into whether there was any ac­tion to cover up the losses and whether mis­lead­ing state­ments on the mat­ter were pre­sented to Par­lia­ment.

It will then sub­mit rec­om­men­da­tions on fur­ther ac­tion to the govern­ment, in­clud­ing the es­tab­lish­ment of a Royal Com­mis­sion of In­quiry, if nec­es­sary, based on the re­sults of the in­ves­ti­ga­tion.

ZAKERIA PIC BY MUHD ZAABA

For­mer Bank Ne­gara Malaysia as­sis­tant gov­er­nor Tan Sri Nor Mo­hamed Yak­cop (cen­tre) ar­riv­ing at the Fi­nance Min­istry in Kuala Lumpur yes­ter­day.

Higher Ed­u­ca­tion Min­istry sec­re­tarygen­eral Tan Sri Dr Noorul Ainur Mohd Nur (right) and Bri­tish Coun­cil ed­u­ca­tion di­rec­tor Pro­fes­sor Re­becca Hughes at the event where it was an­nounced that Malaysia would be host­ing Go­ing Global 2018 in Kuala Lumpur yes­ter­day.

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