FOREX RCI | Former Bank Negara advisor Nor Mohamed Yakcop said he accepted his fair share of accountability over the foreign exchange (forex) losses incurred in the late 1980s and early 1990s.

Testifying before the Royal Commission of Inquiry (RCI) into the forex losses, he said he never discussed the forex transactions in the years between 1986 and 1993 with both the then finance minister Anwar Ibrahim and prime minister Dr Mahathir Mohamad.

"The forex losses occurred, there is no denying it. There is also no denying my accountability for the forex losses. I accepted my fair share of the accountability and resigned from Bank Negara," Nor Mohamed said...