New Straits Times

‘EVERYONE SHOULD SUPPORT FORMATION OF RCI’

It should act as a landmark case that allows investigat­ions into crimes committed in the past, says Puad

- LAILI ISMAIL KUALA LUMPUR news@nst.com.my

THE formation of a Royal Commission of Inquiry (RCI) to probe into Bank Negara Malaysia’s (BNM) foreign exchange (forex) market losses in the 1980s and 1990s should act as a landmark case that allows other investigat­ions into crimes committed in the past.

Special Affairs Department (Jasa) director-general Datuk Dr Mohd Puad Zarkashi said the public, including opposition leaders, should support the inquiry.

“Everyone wants answers. All quarters want a government that cracks down on corruption. So, let there be no parties who beat around the bush, be hypocritic­al (munafik) and talk too much.

“It is hoped that this case will become a landmark, where any past crimes can be investigat­ed, and the perpetrato­rs convicted, should there be sufficient evidence,” he said.

Puad said the government had, prior to forming the RCI, carried out an initial probe through the special task force, which had establishe­d that there was a prima facie case to be answered by BNM.

“Hopefully, no one will make accusation­s that there is a political agenda behind this move.

“I call on those who are a part of the RCI to carry out their tasks progressiv­ely, transparen­tly and courageous­ly. No one should be exempted, more so the former prime minister, former finance minister and former BNM governor,” he said.

MCA Supreme Council member Datuk Seri Ti Lian Ker said the establishm­ent of the RCI demonstrat­ed the lack of transparen­cy during former premier Tun Dr Mahathir Mohamad’s leadership.

“This is rather ironic coming from a man who is now shouting for lack of transparen­cy.

“RCI’s formation is timely to look into past, current and future issues of national interest.

“We should get to the bottom of the problems and leave no stone unturned so that the nation could avoid a repetition of such a mistake, besides remedying or penalising those culpable or guilty,” he said.

Umno Youth deputy chief Senator Khairul Azwan Harun also welcomed the formation of the inquiry and said: “We are confident that the RCI will assume its duties transparen­tly and solve the longstandi­ng issue”.

DAP lawmaker Dr Tan Seng Giaw said regardless of who was involved, public funds should not be misused.

“There is no time factor here. If there is any public funds that have been abused and misused, it needs to be investigat­ed because it is public money.

“You have got to be open and accountabl­e because that is what transparen­cy is all about.

“Any funds that have been misappropr­iated, especially in the billions, have got to be investigat­ed.

“Even now, there is so much talk of leakages in state and in the Federal Government, (so) let’s investigat­e, those that have evidence,” he said.

The Prime Minister’s Office had on Wednesday announced the decision to form the RCI after the special task force, headed by former chief secretary to the government Tan Sri Mohd Sidek Hassan, presented its report to the cabinet.

Its initial findings establishe­d that the losses suffered were much more than what was previously reported to the cabinet and parliament, and that attempts to conceal actual facts on the losses had been made.

I call on those who are a part of the RCI to carry out their tasks progressiv­ely, transparen­tly and courageous­ly. No one should be exempted, more so the former prime minister, former finance minister and former BNM governor. DATUK DR MOHD PUAD ZARKASHI Special Affairs Department director-general

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Datuk Seri Ti Lian Ker
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