Tag - Bank Negara Malaysia

Protest outside Bank Negara demands action over RM100mil forex scam

GEORGE TOWN: A massive forex investment scam that has allegedly defrauded 388 victims across multiple countries of RM104.75mil since 2016 has prompted calls for swift action. The scam, allegedly orchestrated by individuals claiming to be Russian financial experts, promised high annual returns of 20-30%. The victims, ranging from professionals to retirees, claimed that after payments ceased in...

Bank Negara never told of three Arab donation letters addressed to Najib, says Zeti

KUALA LUMPUR: Bank Negara Malaysia was never made aware about three letters regarding Arab donation from an individual alleged to be a member of the Saudi royal family and which were addressed to former Prime Minister Datuk Seri Najib Tun Razak, the High Court was told on Thursday (July 27). Former Bank Negara governor Tan Sri...

Empowering the people: PM to launch Budget 2024 theme ‘Madani Economy’ on July 27

KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim is set to launch "Madani Economy: Empowering the People", the theme for Budget 2024 which will steer the economy to safeguard the country’s future. The launch will be held at the Securities Commission’s headquarters in Kuala Lumpur at 9am on Thursday (July 27). “Wait for it, God willing,” he...