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Bank Negara lost RM31.5 billion in forex from 1991 to 1994

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Written by Syndicated News

PUTRAJAYA — Aug. 21, 2017: A witness today told a Royal Commission of Inquiry that Bank Negara Malaysia (BNM) lost RM31.516 billion in foreign exchange from 1991 to 1994.

According to the central bank’s former accounts manager Abdul Aziz Abdul Manaf , the losses was stated in the bank’s annual statement and that the amount was obtained while preparing a report as ordered by former governor Tan Sri Zeti Akhtar Aziz in 2007.

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