PM Anwar orders Khazanah to run internal audit over RM43.9m loss in FashionValet investment

‘We failed our investors’: FashionValet founders Fadza and Vivy step down, take responsibility over Khazanah and PNB’s RM43.9m loss

‘Too pretty’ for a Malaysian film?: How Chinese actress Fan Bingbing almost lost the chance to star in Chong Keat Aun’s ‘Mother Bhumi’ “As chairman, I have instructed Khazanah Nasional Berhad to conduct an internal audit to investigate issues related to the recent investment loss amounting to RM43.9 million,” he said in a brief social media post.

He said even though he is the chairman of Khazanah, he will not stop the MACC from investigating the government’s sovereign wealth fund.

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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%.
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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...
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MACC investigates RM43.9m loss in FashionValet investment by Khazanah, PNBKUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) has begun investigating into the RM43.9 million loss from investments made by Khazanah N...
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