PETALING JAYA: The Cabinet has selected previous boss secretary to the Government Tan Sri Mohd Sidek Hassan to head an exceptional team for an underlying test into outside trade (forex) misfortunes endured by Bank Negara in the 1990s. 

The Prime Minister's Office (PMO) said in an announcement yesterday that the team's terms of reference is direct preparatory examinations concerning the forex misfortunes, purportedly adding up to billions of ringgit. 

The group would likewise examine if there had been any conceal or consider demonstration of giving misdirecting proclamations about the outside cash exchanges at Parliament gatherings. 

"The foundation of the terms of reference is critical as the initial phase in getting the pertinent truths, including breaking down the authority parliamentary meeting reports, minutes of Cabinet gatherings, Auditor-General's report and others," the PMO said. 

The group, drove by Mohd Sidek as the executive, will then present its suggestions to the Government on further activity required, for example, the need to set up a Royal Commission of Inquiry on the matter. 

Alternate individuals from the team would be declared soon, containing the individuals who have mastery in completing undertakings identified with the revelation and divulgence of archives identified with Bank Negara's forex exchanges at the time. 

Mohd Sidek beforehand served in the common administration for a long time, including six years as boss secretary to the Government.

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