Anwar: Dr M said dont touch Nor over RM30b forex losses


Nor has been identified as between those culpable in the BNM sell scandal. File pic
KUALA LUMPUR, Sept 24 Datuk Seri Anwar Ibrahim revealed now that it was Tun Dr Mahathir Mohamad who had systematic him not to retaliate Tan Sri Nor Mohamed Yakcop notwithstanding his purpose in the 1992 Bank Negara Malaysa (BNM) forex scandal, that price the executive bank some RM30 billion in sell losses.
Anwar explained that his office as the financial apportion during the time had usually allowed him to force Nor's resignation from the bank as well as sequence for his dismissal from any impasse in the country's financial affairs, either public or private.
"Dr Mahathir ordered, 'don't hold him (Nor)'. The prime apportion during the time did not agree with receiving action since he said, 'If we have profits, we praise him (Nor), when we have losses, we wish to woe him'," he told the press conference in Parliament today.
Anwar, who right away leads the federal opposition Pakatan Rakyat (PR), was forced now to divulge sum of his purpose in the multibillion ringgit BNM scandal, that had taken the executive bank the full decade to replenish its losses.
The issue was revived during Question Time in Parliament this morning when Lim Guan Eng (DAP-Bagan) asked the government to state the tangible waste suffered by BNM in the foreign sell market in between 1990 as well as 2012.
The DAP secretary-general later stood to ask why Nor, who has been declared as between those to blame for the losses, had not been punished for his purpose but was instead done the second financial apportion underneath the Abdullah administration.
Nor is now the Minister in the Prime Minister's Department within Datuk Seri Najib Razak's Cabinet.
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