Bank Negara denies RM60bil outflow

Azril AnnuarPublished: Jun 21, 2012 6:45 PM | Updated: Jun 21, 2012 9:17 PM

Bank Negara Malaysia has refuted The Malay Mail front page report on Monday titled 'RM60b illegal outflow', which alleged that local banks have been breaching Bafia laws since 2005 by selling non-performing loans (NPL) to foreign-controlled debt collection agencies.

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