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MACC grills FashionValet founders for sixth day running over RM43.9m investment loss probe

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Fashionvalet News

Malaysian Anti-Corruption Commission MACC,Azam Baki,Vivy Yusof

PUTRAJAYA, Nov 13 — The founding couple of FashionValet Sdn Bhd, linked to the investment loss of Khazanah Nasional Bhd (Khazanah) and Permodalan Nasional Bhd (PNB), continued...

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Retired major-turned-motivational speaker claims abuse, threatened by military officer in front of UPNM trainees in Sg Besi camp; police investigatingA FashionValet Sdn Bhd co-founder pictured arriving at the Malaysian Anti-Corruption Commission headquarters in Putrajaya, November 13, 2024.

MACC Chief Commissioner Tan Sri Azam Baki was reported to have said that the commission was reviewing and investigating the cash flow received by the e-commerce business platform founders. MACC is also reported to have frozen several of the couple’s private and company bank accounts worth about RM1.1 million through Op Favish on November 6. — Bernama

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After RM47m investment in FashionValet, Khazanah and PNB only got RM3.1m from sale; Finance Ministry says loss ‘negligible’KUALA LUMPUR, Oct 29 — Khazanah Nasional Bhd (Khazanah) and Permodalan Nasional Bhd (PNB) received RM3.1 million from the sale of their shares in Fashion Valet Sdn Bhd...
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