FOREX RCI | Former Bank Negara governor Zeti Akhtar Aziz believes that her predecessor, Jaffar Hussein, had to take accountability for anything that had taken place during his tenure as the central bank governor.

Testifying before the Royal Commission of Inquiry (RCI) tasked to investigate the foreign exchange losses incurred by the central bank in the late 1980s and early 1990s, Zeti noted that Jaffar had indeed done just that.

She was questioned by RCI member Tajuddin Atan, who pointed out that Jaffar, as Bank Negara governor, had "ultimate authority" in managing the central bank and the management of its reserves...