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FashionValet founders’ investigation to continue as MACC probes investment losses

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Fashionvalet News

MACC,Azam Baki,Investigation

SINGAPORE: A practising lawyer found himself standing sheepishly in the dock of the State Courts on Wednesday (Nov 6), after an alcohol-fuelled night out at Zouk nightclub in 2022.

PETALING JAYA: The investigation into the founders of the e-commerce platform FashionValet, Datin Vivy Yusof and her husband, Datuk Fadzaruddin Shah Anuar, is expected to take some time, says the Malaysian Anti-Corruption Commission commissioner, Tan Sri Azam Baki.

“The couple will return to have their statements recorded tomorrow at the MACC headquarters, and I expect it will continue for several more days,” he said when contacted by Astro Awani on Friday . “The company secretary and several other parties, including officials from the Finance Ministry, will also be called, as there are many matters to resolve. However, for now, we will focus on the couple,” he added.

“This raises questions about how the company was acquired and who gave approval, whether there was a resolution or not—that is the first issue.

 

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