Earlier today, 6 June, Bank Negara Malaysia (BNM) Governor Tan Sri Muhammad Ibrahim submitted his resignation to the Prime Minister
Prime Minister Tun Dr Mahathir Mohamad, who was speaking after a Cabinet meeting, said that Muhammad Ibrahim is no longer the BNM Governor.
He was chosen to succeed former BNM governor Tan Sri Dr Zeti Akhtar Aziz in 2016.
Tun Dr Mahathir added that there was "no concrete reason" given by Muhammad Ibrahim for resigning as Bank Negara Malaysia governor.
No successor name has been announced yet
"We have not decided on his successor because we need to have the approval of the Agong before we can (make the announcement)," Tun Dr Mahathir said.
Ibrahim's resignation comes after Finance Minister Lim Guan Eng raised questions about BNM's purchase of a land from the finance ministry under the previous administration for RM2.066 billion
The money is now confirmed to have been used to pay interest on 1MDB’s debts.
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