Dr M welcomes RCI on alleged forex losses

Mahathir with Lim and Zaid Ibrahim

PETALING JAYA: Tun Dr Mahathir Mohamad says he welcomes calls for a  Royal Commission of Inquiry (RCI) to be formed to probe the alleged loss of billions of ringgit by Bank Negara due to speculation in the foreign exchange (forex) market in the 1990s.

The former prime minister however claimed that the issue of forex losses was raised to divert attention away from current concerns.