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Bank Rakyat chairman dismissed immediately

Tan Sri Shukry Mohd Salleh

Tan Sri Shukry Mohd Salleh

Syndicated News
Written by Syndicated News

KUALA LUMPUR — Nov. 26, 2018: Bank Rakyat chairman Tan Sri Shukry Mohd. Salleh has been dismissed immediately.

The decision by the Entrepreneur Development Ministry was made in accordance with Section 5, subparagraph 2(2) of the First Schedule of the Bank Kerjasama Rakyat (M) Berhad Act (Special Provision 202) following Shukry’s involvement in the 1MDB original audit report.

“As such, any decisions made by him which had implications on Bank Rakyat throughout his tenure (as chairman) will be reviewed and revoked if it had affected the bank’s interests,” said minister Datuk Seri Mohd. Redzuan Md. Yusof in a statement today.

In a statement two days ago, Auditor-General Tan Sri Dr. Madinah Mohamad said the original audit report on 1MDB issued in 2016 had been altered. — Bernama

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