AmBank denies allegations as watchdog CAGM claims evidence of possible wrongdoing
AMMB Holdings Berhad (Ambank), which is c. 24% owned by ANZ,&nbsp;management have denied allegations over claims by the media of AmPrivate Banking's involvement with a transaction related to the IMDB scandal, stating that it has continued to comply with rules and regulations, and should there be any breach by management they will not hesitate to be fully cooperative with authorities. Following this, reports have come to light suggesting that the anti-corruption watchdog, Citizens for Accountable Governance Malaysia (CAGM),&nbsp;claims that Ambank sacked a banker for trying to inform Bank Negara about a large amount of transactions into an account purportedly controlled by Prime Minister Najib Abdul Razak.
CS Tan

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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....

