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PUTRAJAYA - Former Bank Negara Malaysia (BNM) governor Tan Sri Zeti Akhtar Aziz said she knew of the central bank's forex losses following a meeting in London with the bank's senior officers.

She said the late BNM governor, Tan Sri Jaffar Hussein, was informed of the massive exposure to the central bank as a result of foreign exchange transactions during the meeting.

Zeti, who was in BNM's London office when the financial scandal took place, said the then assistant governor Datuk Abdul Murad Khalid told Jaffar about the massive exposure to BNM in a meeting at London Apartment where Jaffar was staying in 1992.

"Datuk Abdul Murad told Jaffar regarding the massive exposure to Bank Negara Malaysia as a result of the foreign exchange transactions. As far as I could remember, Abdul Murad did not have the details regarding the foreign exchange transactions," she said.

Zeti, 70, said also present at the meeting was Dr Awang Adek Hussin.

"Jaffar responded by saying that it was probably gross positions that were known by the counter parties that BNM traded with. This counter parties would not be aware of the net positions of the bank and he was of the view that the net positions was

KUALA LUMPUR - Datin Seri Rosmah Mansor tonight attended the International Women’s Federation of Commerce and Industry (IWFCI) Malaysia’s charity gala dinner.

She was accompanied by Women, Family and Community Development Minister Datuk Seri Rohani Abdul Karim and IWFCI Malaysia president Datuk Elaine Teh.

The dinner was held to mark the federation’s Global Women’s Trade Summit 2017.

The dinner featured a fashion show as well as an auction, which saw 12 dresses by acclaimed designers Ali

KUALA LUMPUR - The Communications and Multimedia Ministry is considering a proposal to require eligible online news portals to register with the Malaysian Communications and Multimedia Commission (MCMC).

Minister Datuk Seri Dr Salleh Said Keruak said the idea was to make news portals in the country more responsible and enable the MCMC to determine the volume of visitors to such portals.

The matter was in the final stage of discussion before being presented to the Attorney-General's Chambers

GEORGE TOWN - Lim Guan Eng has declined comment on the Malaysian Anti-Corruption Commission's (MACC) call to him to publicly apologise for describing the commission's recent arrest of a state exco as "illegal".

The Penang chief minister, who appeared calm at a press conference here on Sunday, did not entertain any question pertaining to the matter.

"Today, I can only answer (questions) on one issue, namely the land reclamation (project) in the Penang waters as raised by Prime Minister Datuk

KUALA LUMPUR - Defence Minister Datuk Seri Hishammudin Hussein and Perak Menteri Besar Datuk Datuk Seri Dr Zambry Abd Kadir last night were awarded The BrandLaureate Nation Building Brand Icon Leadership Award.

Under the category, Hishamuddin was named the Brand Influencer Icon, while Zambry as the Game Changer Icon.

The other recipient for the category is founder and president of LimKokWing University of Creative Technology Tan Sri Lim Kok Wing who received the award as the Unity and Harmony

KUALA LUMPUR - Datuk Seri Najib Tun Razak tonight launched the first phase of the River of Life (ROL) and Blue Pond project at Jamek Mosque here which will change the quality of water in a major river in the Klang Valley from an unsafe level to safe for recreational use.

The Prime Minister was accompanied by his wife Datin Seri Rosmah Mansor as well as several members of the Cabinet including Federal Territories Minister Datuk Seri Tengku Adnan Tengku Mansor, Minister of Natural Resources and

GEORGE TOWN: Penanti assemblyman Dr Norlela Ariffin today questioned the state government on why it left out much information on the Sungai Lembu illegal factory.

In a Facebook posting, Norlela said her name was mentioned as if she had done wrong for questioning the DAP-led state government.

This was during the oral question sessions at the State Legislative Assembly sitting on May 2017, and at the District Action Meeting 2017, after receiving an 18-page petition signed by 168 residents of

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