Investment losses in FashionValet: MACC spot suspicious transactions

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PUTRAJAYA: The Malaysian Anti-Corruption Commission (MACC) has found several suspicious transactions in an investigation into investment losses of RM4...

: The Malaysian Anti-Corruption Commission has found several suspicious transactions in an investigation into investment losses of RM43.9 million in FashionValet Sdn Bhd .

“We looked at the flow of financial sources and the reasons for entry and where the money is spent to see if there are elements of corruption or other offences involving fraud. Apart from that, he said MACC was also investigating the ownership of luxury items that had been shown by the couple on social media.

 

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