The findings from the review concluded that Datuk Seri Nazir Razak did not misuse his position as the group chief executive at that time nor was there any inappropriate use of the bank
KUALA LUMPUR: CIMB Group
Holdings Bhd said its outlook for the group is on a good footing given that a major part of its provisions are now behind them.
“We had queries on why our record revenue was not translated into record profits and this is due to the provisions in FY16. But this is now largely behind us,” chairman Datuk Seri Nazir Razak said at a press conference after its AGM earlier today.
“Our outlook is now better than it has been for sometime,” he added.
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