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Malaysia in transition

Malaysia sacks state bank chief for covering up Jho Low's 1MDB role

Shukry Salleh allegedly took part in scrubbing state fund's 2014 audit report

KUALA LUMPUR -- The Malaysian government on Monday ousted the chairman of a state-owned bank for his role in tampering with the auditor general's report on the scandal-tainted state fund 1Malaysia Development Berhad.

Shukry Salleh's three-year contract with Bank Rakyat has been terminated effective immediately on the order of the minister of entrepreneur development, the bank's owner, following a weekend report that revealed the chairman's involvement in concealing financier Low Taek Jho's role in the 1MDB matter.

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