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. 

 

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

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!
   

Next In Business News

Trade showing remains on upward trajectory
Maxis pledges full support to government’s 5G delivery model
Fajarbaru Builder secures RM13mil job
MKH Oil Palm IPO oversubscribed
Making the Malaysian startup pitch
The pros and cons of earned wage access
Making every load lighter
Batik, chips and tech in the fabric of society
How Sin-Kung leveraged air cargo for its success
Domestic office-sector REITs stay cautious

Others Also Read