Bank Rakyat chairman removed with immediate effect over 1MDB


The Entrepreneur Development Minister had removed Tan Sri Shukry Mohd Salleh as the Bank Rakyat board chairman with immediate effect.

KUALA LUMPUR: The Entrepreneur Development Minister had removed Tan Sri Shukry Mohd Salleh as the Bank Rakyat board chairman with immediate effect.

In a statement issued on Monday, it said the removal was due to his involvement in the original audit report of the 1Malaysia Development Bhd (1MDB).

Hence, whatever decision which Shukry had made during his tenure as the Bank Rakyat board chairman, and which could have implications on the bank, would be reviewed and cancelled if it affects the interest of the bank

The statement said the minister would announce his replacement once it has been finalised.

Shukry was the principal private secretary to the former prime minister Datuk Seri Najjib Tun Razak prior to the appointment to Bank Rakyat on Jan 3, 2017. 

Among the posts Syukry held previously were head of the Implementation Coordination Unit of the Prime Minister’s Department, general manager of the South Kelantan Development Authority, director of the Kelantan Development Office, director of the Perak Registration Department, secretary of the Sabah State Security Committee, and Assistant Secretary of the Defence Ministry. 

 

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Malaysia's economy grows 6.3% in 4Q, above forecast
Hock Soon Capital falls 7c below IPO on debut
Ringgit opens firmer on weaker US$, 4Q GDP optimism
FBM KLCI seen consolidating ahead of GDP release, CNY holiday
Trading ideas: Steel Hawk, Critical, GDB, Hextar Industries, Infraharta, MFM, MGB, Oriental, UEM Sunrise, Maxis, SKP
Steel Hawk unit secures PETRONAS deal
Dialog enters recovery year driven by midstream recurring income
Stunning 4Q finish for Malaysia
Topmix posts record quarterly revenue and earnings
SC appoints LC Wakaful Digital as first social exchange operator

Others Also Read