RHB denies there is an investigation of its asset arm selling certain stocks

Meet the press: Khairussaleh answering questions from reporters during a press conference on RHB’s first half 2016 financial results. With him is group chief financial officer Yap Choi Foong.

KUALA LUMPUR: RHB Banking group has denied that its asset management arm sold down certain stocks last week and that there was an external investigation on the matter over alleged irregularities with regards to its investment decisions.

Managing director Datuk Khairussaleh Ramli flatly denied that the asset management arm had sold down certain stocks.