Bank Islam Malaysia Suspends Chief Economist for Policy Breach

Bank Islam Malaysia Bhd announced the suspension of chief economist Azrul Azwar Ahmad Tajudin for allegedly breaching the bank’s internal policies. Azrul predicted at a forum in Singapore last week that Prime Minister Najib Razak will not win the upcoming general election in Malaysia. In a statement, the bank explained that the nature of the breaches would be established as soon as the investigations are completed. They further stressed that the suspension had no relation to Azrul's voicing his personal political views. It was reiteratively said that Azrul’s political views and his comments should are not to be associated with the bank.