Daim Zainuddin unaware of BNM's forex profit or losses


  • Nation
  • Monday, 18 Sep 2017

PUTRAJAYA: Tun Daim Zainuddin told the Royal Commission of Inquiry (RCI) that he was unaware of losses of RM772.3mil in 1988 and RM2.259bil in 1989 suffered by the central bank due to forex trading.

Apart from the losses, Daim, who was finance minister between 1984 and 1991, claimed he did not know about Bank Negara's RM2.473bil profit in 1990 from forex trading.

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