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Bank Negara RM30 Billion Scandal

In 1994 Bank Negara loss about RM5.7 Billion due to foreign exchange currency speculation

5,700,000,000

Timeline

  • Sept 23, 2012 - Anwar: Dr M said ‘don’t touch’ Nor over RM30b forex losses [Malaysian Insider]
  • July 25, 2006 - Forex scandal: Jaffar 'knew about losses' [Malaysiakini] - Implicated Jaffar Hussein, Nor Mahmed Yakcop

 

http://en.wikipedia.org/wiki/Bank_Negara_Malaysia#History

The Bank Negara RM30 Billion Forex Losses Scandal - Lim Kit Siang