|By Fabiani Azmi|
|Monday, 27 August 2012 15:37|
What exactly is meant by fiduciary duty?
In recent weeks, more attention has been drawn to BAFIA than ever before since PKR Strategy Director Rafizi Ramli was charged in the sessions court on 1 August for violations of the Act. It began on March 7 this year when Rafizi made public, at a news conference, the confidential information of 21 bank accounts belonging to companies and individuals. He did so illegally without the permission of the account holders, the bank or Bank Negara Malaysia (BNM). Police reports were lodged in March and April, and complaints were also filed with both Public Bank Berhad and BNM.