Forex losses: Kit Siang playing political games, says Azalina

Feb 21, 2017
Minister in the Prime Minister's Department, Azalina Othman (pic right) said DAP veteran Lim Kit Siang should come with "clean hands" if he wishes to assist in the Bank Negara's forex losses.
Minister in the Prime Minister’s Department, Azalina Othman (pic right) said DAP veteran Lim Kit Siang should come with “clean hands” if he wishes to assist in the Bank Negara’s forex losses.

DAP veteran Lim Kit Siang is playing politics with his conditional offer to join the investigation into Bank Negara Malaysia’s forex losses in the 1990s, said Minister in the Prime Minister’s Department Azalina Othman.

According to Bernama, Azalina, in a statement from Putrajaya on Feb 20, said Kit Siang should instead come with “clean hands” if he wishes to assist the special task force set up by the cabinet to probe the losses.

She said the task force is confined to a limited set of terms of reference which was to analyse and scrutinise the forex losses involving the bank in the 1990s if there was any.

“The task force will then, propose the appropriate actions to be taken upon completion of the preliminary investigation within the stipulated time,” the Umno supreme council member said.

Last week, the prime minister’s office in a statement said that the cabinet had agreed to set up a special task force (STF) to conduct a probe into the losses suffered by Bank Negara due to foreign exchange (forex) trading in the 1990s.

In responding to the announcement, Kit Siang was reported to have said that he was willing to volunteer in helping the probe, but he would only do so if the investigation also looked into the Bumiputera Malaysia Finance (BMF) and 1MDB issues.

Meanwhile, Azalina said Kit Siang’s condition was baseless and irrelevant as 1MDB had already been investigated by a special task force comprising of the Auditor-General, Attorney-General and Malaysian Anti-Corruption Commission.

“The task force also included the Public Accounts Committee (PAC), which also includes lawmakers from the opposition,” she said.