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Tuesday, 5 June 2018

Has Malaysia’s central bank Governor Muhammad Ibrahim offered to resign from his post two years into his term???




ACCORDING TO BLOOMBERG REPORT

Malaysia’s Central Bank Governor Offered to ResignBy
Elffie Chew and
Anisah Shukry
June 5, 2018, 4:47 PM GMT+8
Bloomberg


Questions had been raised over Bank Negara’s land transaction

Muhammad is two years into his five-year term at central bank


Malaysia’s central bank Governor Muhammad Ibrahim offered to resign from his post two years into his term, according to people familiar with the matter, who declined to be identified because the discussions are confidential.



The move comes less than a month after Prime Minister Mahathir Mohamad won a surprise election victory and his newly installed finance minister, Lim Guan Eng, raised questions about the central bank’s purchase of land from the previous administration.





Muhammad bin Ibrahim
Photographer: Chris Jung/Getty Images



It’s unclear what the government’s response was to his resignation offer. A spokesperson for the central bank declined on Tuesday to comment on whether the governor had offered to resign. An official at the Finance Ministry also declined to comment. Muhammad didn’t respond to several calls and text messages to his mobile phone

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