Sidek to head task force on Bank Negara forex losses


  • Nation Premium
  • Thursday, 23 Feb 2017

PETALING JAYA: The Cabinet has appointed former chief secretary to the Government Tan Sri Mohd Sidek Hassan to head a special task force for an initial probe into foreign exchange (forex) losses suffered by Bank Negara in the 1990s.

The Prime Minister’s Office (PMO) said in a statement yesterday that the task force’s terms of reference would be to conduct preliminary investigations into the forex losses, allegedly amounting to billions of ringgit.

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