I refer to your report Forex scandal: Jaffar 'knew about losses'.

The late Bank Negara governor is not around to give his version of the story but other key personnel involve in the fiasco are still around. Surprisingly, all of them remain tightlipped on how the fiasco occurred.

Was the former governor ignorant about the affair or was he just a puppet who cannot disregard an order from the top officials then to enter forex deals which caused billions to be lost. Under then prime minister Dr Mahathir Mohamad, all the top civil servants and some captains of industry couldn't work independently and were beholden to the old premier.

To remain in office, they had to do as they were told by their political master. Failing which they would be removed and replaced with new faces who are more than willing to do their master's bidding although it might be against the law and procedures.

While we can give a sympathetic thought to our former deputy premier Anwar Ibrahim's earlier pleading ignorance of the colossal loss, one cannot shift the blame from his shoulders as he was the finance minister then.

However, we cannot dismiss the possibility that he was working in concert with the then premier and exex finance minister Daim Zainuddin who wanted to show the world the Malaysia could play with the big boys too in the forex market.

And now, even with the colossal loss of RM30 billion, no one has taken responsibility nor have any individuals been prosecuted. Life goes on as usual. The money lost could have built highways from north to south to east and west without tolls, built low-cost houses for the poor or to improve the living standard of the populace. This instead of wasting it on ego trips to show that Malaysians can play big in hedge funds and win big.

Everything is out in the open now and one can only pray that those culprits whose hands are stained with corruption and abuse of power will be held accountable for their misdeeds which have caused public coffers to runs dry.