Royal Commission of Inquiry to probe 1990s forex losses


PETALING JAYA: Yang di-Pertuan Agong Sultan Muhammad V has given his consent to the formation of a Royal Commission of Inquiry (RCI) to investigate the foreign currency transaction losses suffered by Bank Negara Malaysia during the 1990s.

The Prime Minister’s Office said in a statement that the formation of the RCI was done according to the Commission of Inquiry Act 1950 and took effect from July 15, 2017.

The Star 6.6 DEAL: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

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!
News , bureaus

Next In Nation

Police arrest wanted individual involved in organised crime
Exotic birds worth RM100,000 seized
Vida: Daughter fuels talk of romance with Fazley
Malaysia a huge market for energy technology industry
A grand show of loyalty to the King and country
Fresh hope for rare Johor langurs
LHDN sheds more light on�CP500 penalty exemption
Another way to end disputes
Still a battle of the heavyweights
Shah Alam LRT undergoing continuous trial ops to get ready

Others Also Read