The special task force into forex losses incurred by the Bank Negara Malaysia (BNM) three decades ago faced difficulty in obtaining evidence from the central bank due to legal constraint, said an official.

"Many information in respect of BNM operations on forex trading then was not available to the task force (during its proceeding) as it wasn't equipped with legal power," said the official who had knowledge of the cabinet meeting held on Wednesday.

According to him, certain Acts that governed the central bank, prohibited documents to be brought before the task force, chaired by the former chief secretary to the government, Mohd Sidek Hassan.

"Thus, the task force had recommended a Royal Commission of Inquiry (RCI) into the forex losses," the official told Malaysiakini...