Anwar orders Khazanah internal audit over RM43.9mil lost investment

  • 📰 staronline
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 75%

NA News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The wife of Zhu Su, the co-founder of collapsed cryptocurrency hedge fund Three Arrows Capital, has managed to sell a mansion she owns in Singapore for S$51 million ($38.5 million), despite a court-imposed freeze against some of the couple’s other assets.

PETALING JAYA: Khazanah Nasional Bhd has been ordered to conduct an internal audit over issues related to its RM43.9mil investment losses.

“As chairman, I have directed Khazanah Nasional Berhad to conduct an internal audit to investigate the issues related to the recent investment losses amounting to RM43.9mil. The Malaysian Anti-Corruption Commission has initiated an investigation into losses incurred by Khazanah and Permodalan Nasional Berhad from their investment in a local online fashion business.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Khazanah, PNB sold FashionValet stakes at a loss of RM43.9mil, says Finance MinistryAlmost one in five of the workforce in Guangzhou have turned to work in flexible contracts, higher than China’s national level of 14.3%.
Source: staronline - 🏆 4. / 75 Read more »

PM Anwar orders Khazanah to run internal audit over RM43.9m loss in FashionValet investmentKUALA LUMPUR, Nov 2 — Prime Minister Datuk Seri Anwar Ibrahim has today directed an internal audit into Khazanah Nasional Berhad’s loss-making investment in e-commerce platform...
Source: malaymail - 🏆 1. / 86 Read more »

MACC says started probed into Khazanah, PNB’s investment into FashionValet after RM43.9m lossKUALA LUMPUR, Nov 2 — The Malaysian Anti-Corruption Commission (MACC) has reportedly launched an investigation into Khazanah Nasional Berhad and Permodalan Nasional Berhad’s...
Source: malaymail - 🏆 1. / 86 Read more »

Report: MACC to issue official statement on RM43.9m FashionValet investment loss by Khazanah, PNB todayKUALA LUMPUR, Nov 2 — The Malaysian Anti-Corruption Commission (MACC) is set to release an official statement today regarding the RM43.9 million loss incurred by Khazanah...
Source: malaymail - 🏆 1. / 86 Read more »