Bank Negara Malaysia fined regulated companies RM116m in 2015-June 2017

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KUALA LUMPUR (Sept 28):  Bank Negara Malaysia says it takes a serious view of integrity issues and reliability of financial sector under its regulations, according to letter addressed to parliamentary opposition leader Wan Azizah Wan Ismail posted on its website.

* Central bank was responding to memorandum related to state investment co. 1Malaysia Development Bhd presented by opposition group

* Cos under central bank’s regulations slapped with RM115.8 million of compound and administrative penalty from 2015 to June 2017 : Bank Negara Malaysia