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Late BNM governor 'too trusting of forex officers', RCI told

Late BNM governor 'too trusting of forex officers', RCI told

PUTRAJAYA (Aug 30): The Malaysian Royal Commission of Inquiry was told today that former Bank Negara Malaysia (BNM) governor, the late Tan Sri Jaffar Hussein, was an "honourable" man, although "too trusting of forex officers".

"Jaffar was an honourable, well-intentioned man. But he was too trusting of forex officers, and he…he was not fully aware of what was going on," said former deputy BNM governor, Tan Sri Lin See Yan.

Lin was speaking as a witness on the fourth day of the inquiry into BNM's alleged losses from forex trading in the 1990s at the Palace of Justice here.

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