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30 November 2017

Royal Commission of Inquiry (RCI) says Anwar Ibrahim should be investigated for BNM forex scandal in the 1990's


RCI recommends criminal probe against Anwar for ‘misleading’ Cabinet

BY RAM ANAND
The Malay Mail Online30 November 2017



Datuk Seri Anwar Ibrahim is currently serving a five-year jail sentence after being convicted of sodomy in 2015. — Picture by Choo Choy MayMore


KUALA LUMPUR, Nov 30 — Datuk Seri Anwar Ibrahim should be investigated for possible wrongdoing in his handling of Bank Negara Malaysia’s foreign exchange scandal before the Cabinet in the 1990s, said a royal panel that reviewed the matter.

In its report tabled in Parliament today, the Royal Commission of Inquiry said this was necessary as he had concealed facts about the central bank’s losses then, and suggested that investigators apply Sections 417 and 418 of the Penal Code that pertain to cheating.

“We cannot avoid the glaring fact that (Anwar), as the finance minister, was responsible for misleading (deceiving) the Cabinet and Parliament on the actual forex losses faced by the BNM,” the commission said.

Anwar is currently serving a five-year jail sentence after being convicted of sodomy in 2015

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