Malaysia central bank governor resigns
Bank Negara Malaysia governor Muhammad Ibrahim has resigned, saying he lost the “strong trust” of the country’s citizens. His resignation comes amid intensifying pressure over the central bank’s acquisition of land from the previous administration.
Malaysia’s prime minister Mahathir Mohamad confirmed the resignation today (June 6) at a press briefing. The BNM issued an official statement saying the cabinet had accepted Ibrahim’s offer to step down. Mahathir told reporters that the government
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