Prime Minister Mahathir Mohamad’s spokesman confirmed the appointment after it was approved by the king.
(June 22): Malaysia named Nor Shamsiah Mohd Yunus, a former central bank official who investigated the scandal-plagued state fund 1MDB, as governor of the regulator.
Shamsiah, who was deputy governor at Bank Negara Malaysia for six years until she left in November 2016, will replace Muhammad Ibrahim, who resigned from the top job earlier this month after questions were raised about the central bank’s role in a deal linked to 1MDB. Muhammad was less than halfway through his five-year term when he left.
