Forex RCI findings to be presented to Agong tomorrow
The findings of the royal commission of inquiry (RCI) into the Bank Negara forex scandal will be presented to the Yang di-Pertuan Agong tomorrow evening.
A notice sent out by the RCI said the commission's chairperson Mohd Sidek Hassan will be meeting the king at the palace between 5pm to 6pm.
It was tasked to determine the veracity of allegations surrounding the forex losses incurred by Bank Negara and its implications on the national economy.
It must also determine if Bank Negara's involvement in forex activities contravened the Central Bank Ordinance 1958 or other related laws.
The RCI will decide if there were attempts to conceal facts and information regarding this as well as the issuance of statements which misled the cabinet, Parliament and public...