Hisham was involved in various financial markets but has since, turned political and online. So why did Jaafar not act upon the initial losses and allow it to turn into a colossal loss? The investigation has no time frame. It is strange for BNM to hold public-listed ordinary shares as it has nothing to do with a central bank operation. Governor Jaafar took responsibility and resigned but he remained silent till his death. The five-man RCI panel was headed by Petroliam Nasional Bhd chairman Tan Sri Mohd Sidek Hassan. BNMs reserve management became active in the years 1991 to 1993 that it resembled a day trading operation. Mr Johari said: "It is very important for the public at large to understand the difference between speculative foreign exchange activities and orderly management of foreign exchange market. It is a plantation company established in 1909 and one of the pioneering companies listed on the Kuala Lumpur Stock histogramme macd forex factory Exchange in 1930 (now Bursa Malaysia). Witnesses included Abdul Murad and recently retired Bank Negara governor Tan Sri Zeti Akhtar Aziz, the latter informing the panel that the cumulative losses amounted to RM32.07 billion between 19Other high-profile witnesses included Dr Mahathir; his former deputy and leading federal opposition figure Datuk Seri.
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Though forex trading de flux de processus Enron happened decades later, it seemed unlikely to happen yet. The only worry is he forgets during hearings and court trials. Apparently, the other side of the trade was George Soros. A similar concern to BNMs forex loss. Picture by Miera Zulyana. The Inspector-General of Police (IGP) said that the Commercial Crime Investigation Department which is investigating the case is reviewing the Royal Commission of Inquirys (RCI) report on the forex losses. The federal government followed up on the disclosure by setting up a task force to investigate further.
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