Nazir: 30-day leave was painful


Nazir gestures while delivering his acceptance speech at the Gala Night

KUALA LUMPUR: CIMB Group Holdings Bhd chairman Datuk Seri Nazir Razak said his 30-day voluntary leave of absence from April 19 was a painful period and not his finest hour.

Following a report in the Wall Street Journal on March 31 that Nazir had handled US$7mil on behalf of his brother Prime Minister Datuk Seri Najib Tun Razak, CIMB Bank had to get to the bottom of it.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Nazir Razak , CIMB , leave , painful , Astro , Aawami , Harith , Iskandar , show ,

   

Next In Business News

Apple’s China iPhone shipments soar 12% in March after discounts
KLCI dips on profit taking, stays firmly above 1,600 level
Contentious content
Swedish central bank lowers key rate, sees two more cuts this year
Public Bank mobilises over RM53bil in sustainable finance
Stinky tofu tycoon a Changsha success story
Indonesia sees more capital inflows after April rate hike, c.bank governor says
Bank Negara international reserves fall to US$112.8bil
Oil dips on rising US stockpiles, cautious supply expectations
Alstom to ask shareholders for US$1bil in rights issue to slash debt

Others Also Read