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Anwar denies failing to inform Cabinet of BNM's entire losses

Anwar denies failing to inform Cabinet of BNM's entire losses

PUTRAJAYA (Sept 7): Former Deputy Prime Minister Datuk Seri Anwar Ibrahim denied that he failed to inform the Cabinet of the entire losses incurred as a result of foreign exchange trading by Bank Negara Malaysia (BNM).

"I was bound by BNM's 1992 annual report that was audited by the auditor-general which showed losses of RM5.7 billion (incurred in 1992) which was stated as deferred expenditure," Anwar told the Royal Commission of Inquiry into the 1990s forex scandal.

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