KUALA LUMPUR: The Court of Appeal has denied Tun Dr Mahathir Mohamad’s application to stay the Royal Commission of Inquiry (RCI) on Bank Negara’s foreign exchange loses proceedings, scheduled to begin on Monday.
The three-man panel led by Datuk Mohd Zawawi Salleh unanimously dismissed the adjournment request by the former premier.
The other two judges were Datuk Abdul Rahman Sebli and Datuk Kamardin Hashim.
"For the sake of public interest, we think that the RCI proceedings must continue," he said.
Dr Mahathir applied for the RCI proceedings to be stayed pending the hearing of his appeal against the Kuala Lumpur High Court's decision yesterday which dismissed the application for permission to initiate a judicial review.
In his application for permission to initiate a judicial review, he applied to quash the decision of the RCI who dismissed his application to drop two members from the sitting in a panel of five RCI members set up to investigate the loss of foreign currency transaction suffered by the Central Bank in the 1990s.