‘NOR MOHAMED
He must have been given the fullest authority to ‘intervene’ in the market without restraint, says Tunku Aziz
FORMER Bank Negara Malaysia assistant governor Tan Sri Nor Mohamed Yakcop appears to be protecting Tun Dr Mahathir Mohamad in his testimony in the ongoing Royal Commission of Inquiry on the foreign exchange losses in the 1990s, claimed Tunku Abdul Aziz Tunku Ibrahim.
The former Bank Negara adviser said he found it hard to believe Nor Mohamed, who told the inquiry he did not get a direct order from Dr Mahathir who was then the prime minister.
“He must have been given the fullest possible authority to ‘intervene’ in the market without restraint,” Tunku Aziz said.
“That authority to break all known rules had to come from the governor as it is inconceivable that Dr Mahathir as prime minister then would have given Nor Mohamed a direct order.
“Even so, his instructions had to come from the governor. (But)