Bank Rakyat has denied claims alleging that a former CEO of Yayasan Bank Rakyat (YBR) was dismissed suddenly and unlawfully.

Dismissing the allegations made by former YBR CEO Syaiful Rizal Abdul Ghani, Bank Rakyat asserted that his termination was carried out following proper procedures and legal provisions.

While calling on all quarters to respect ongoing court proceedings, the financial institution...