Daim: Up to Nazir if He Wants to Resign Early

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Council of Eminent Persons (CEP) not forcing CIMB Group Chairman Datuk Seri Nazir Razak to resign before his contract term ends in August 2019. 

CEP Chairman Tun Daim Zainuddin said it is Nazir’s choice on whether to resign early.

“It is up to him; everyone has (to fulfil a) contract. If he wants to step down early, it’s up to him,” he told reporters when asked to comment on a news report that Nazir was prepared to exit the banking group.


Meanwhile, Nazir said in a statement that he had not decided whether to extend his term as CIMB Group Chairman, but would step aside if the board and shareholders of the financial services group and Bank Negara Malaysia wished for him to resign early.