MACC quiz FashionValet founders Vivy Yusof, Fadzarudin Shah over RM43.9m investment losses linked to Khazanah, PNB after office raid in KL
MACC chief commissioner Tan Sri Azam Baki confirmed that statements would be recorded from both Vivy and Fadzarudin, focusing on their involvement in the financial setbacks experienced by the two government-linked investment companies, according to a report in Azam also noted that, to date, the MACC has obtained statements from four officials connected to Khazanah, PNB, and the Ministry of Finance.
The questioning follows a recent MACC raid on FashionValet Sdn Bhd’s office in Kuala Lumpur, part of a wider probe into a reported RM43.9 million in losses incurred by Khazanah and PNB from their investments in the brand.