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Bank Negara has recovered from forex losses, says Dr M

Pointing to Bank Negara’s recovery following its foreign exchange (forex) trading losses, former prime minister Dr Mahathir Mohamad claimed that the ongoing royal commission of inquiry (RCI) was not meant to investigate the loss.

“It is not about losing money because, after that, Bank Negara recovered fully.

“Not only did it recover, today Bank Negara’s assets are huge – running into hundreds of billions of dollars.

“And if you would please remember, the capital given to Bank Negara at the start was only RM5 million. Today, it has more than RM100 billion.

“So are you going to say that Bank Negara is a failure? That it doesn’t look after our money?” he told reporters...

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