Dr M's lawyer says RCI report on forex losses flawed, no need for action

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Hanif Khatri Abdulla says ‘inadequate and inaccurate findings' of an RCI need not be implemented, especially if it had been conducted with a political motive. FMTNews

July 2, 2019 9:31 PM

Haniff Khatri Abdulla said the RCI report was flawed as it did not contain crucial material supplied by Mahathir. “It is important for any government to realise that you cannot use an RCI or any other commission for the purpose of political intent, which is what was done when the government of Najib Razak called for the RCI,” Haniff said.

The inquiry found that the central bank lost RM31.5 billion in foreign exchange trading between 1992 and 1994. The original complainant had also retracted the police report, which was lodged on Nov 30, 2017, added Liew in a parliamentary reply. “Without putting in those materials, does it amount to a complete report for any reader such as Ku Li or anyone else to read it years after the report is published? Of course, not.

 

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