Exhuming an elephant’s carcass from Dr M’s era
Bank Negara Malaysia’s (BNM) alleged involvement in foreign exchange (forex) transactions 25 years ago surfaced again following a startling revelation about it by Murad Khalid, the central bank’s former assistant governor in January 2017. The central bank’s aforesaid involvement had cost RM15 billion to the nation, during which time Dr Mahathir was the prime minister.
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