Bank Negara holds the key in probe


Robust system: A file picture shows the Bank Negara building in Kuala Lumpur. The central bank remains the custodian of the country’s foreign exchange system.

The normally proactive central bank comes out looking reactive in this episode

IN an unprecedented move, a task force comprising the heads of the central bank, the Attorney-General’s Chambers, Malaysian Anti-Corruption Commission and the police has been set up to probe a sum of US$700mil ((RM2.66bil) being allegedly credited into the accounts supposedly belonging to Prime Minister Datuk Seri Najib Tun Razak in AmBank Islamic.

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Business , bank negara , 1MDB , Najib Razak , WSJ ,

   

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