Malaysia's central bank governor Muhammad Ibrahim (Source: Bernama)
Hanoi (VNA) – Malaysia's central bank governor Muhammad Ibrahim submitted his resignation, Prime Minister Mahathir Mohamad has said.

Speaking at a press conference on June 6, the PM said Ibrahim’s replacement hasn’t been decided on as King Sultan Muhammad V needs to give his approval. The Government will meet the king as soon as possible for the appointment of a new central bank governor.

Former deputy central bank governor Nor Shamsiah Mohd Yunus is among candidates to replace him, according to some sources.

Muhammad Ibrahim, a Harvard University graduate, was appointed as central bank governor in May 2016.

He resigned amid the Malaysian Government’s investigation into state development fund 1Malaysia Development Berhad (1MDB).

Also on June 6, newly appointed attorney-general Tommy Thomas told reporters on his first day in office that he will institute criminal and civil action over the graft scandal at 1MDB.-VNA