The DAP stalwart confides in his biography that Tengku Razaleigh Hamzah, the former finance minister, had told him about the losses after Tengku Razaleigh quit Umno following a fallout with Dr Mahathir Mohamad.
Lim Kit Siang said Tengku Razaleigh Hamzah felt it would be better for the opposition to raise the scandal in the Dewan Rakyat.
After 30 years, he divulged in the second volume of his biography “Lim Kit Siang – Malaysian First”: that it was former finance minister Tengku Razaleigh Hamzah who tipped him off about the losses. Calling for a royal commission of inquiry, he charged that Dr Mahathir Mohamad, who was prime minister, and Anwar Ibrahim, then the finance minister, should accept full and personal responsibility over the fiasco.
In 2017, a royal commission was finally instituted by then prime minister Najib Razak under different political circumstances, when Mahathir had joined the opposition in preparation for the general election the following year.
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