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

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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.

 

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