Forex losses: Aug 28 hearing for application in Dr M’s suit

Prime Minister Dr Mahathir Mohamad is seeking to declare the RCI report on Bank Negara’s forex losses null and voice.

KUALA LUMPUR: The lawyers representing Prime Minister Dr Mahathir Mohamad in his lawsuit to nullify the Royal Commission of Inquiry (RCI) findings on Bank Negara Malaysia’s foreign exchange losses in the 1990s are still waiting for instruction on whether to continue or withdraw the suit.

One of the lawyers, Mohd Irzan Iswatt Mohd Noor, said the lead counsel, Mohamed Haniff Khatri Abdulla, was still unable to meet the prime minister to obtain further instructions on the matter.

“We are not able to meet with Mahathir yet. We are still waiting for his instruction to either continue the case, or otherwise,” he said, adding that the court today fixed Aug 28 to hear an application for preliminary objection by the defendants.

He told reporters this after case management before High Court judge Azizah Nawawi.

Also present was senior federal counsel Mazlifah Ayob, who represented the defendants named in the suit, comprising RCI members Mohd Sidek Hassan, Kamaludin Md Said, Tajuddin Atan, Saw Choo Boon, K Pushpanathanan, Yusof Ismail; former prime minister Najib Razak; the Cabinet members and the government.

Mahathir filed the suit last December, seeking to declare the RCI report on Bank Negara’s forex trading losses null and void as it excluded legal documents of witnesses and notes of proceedings.