KUALA LUMPUR: The Malaysian Anti-Corruption Commission will investigate the RM43.9mil in losses incurred by Khazanah Nasional Bhd and Permodalan Nasional Bhd from their investment in FashionValet.
“The public is urged to allow space for the investigation to proceed and to avoid speculating or engaging in ‘public trials’ against the parties involved,” he said in a statement yesterday. In a written parliamentary reply on Tuesday, the Finance Ministry said Khazanah and PNB had sold their shares in FashionValet to NXBT Partners for RM3.1mil last year.
On Friday, Datin Vivy Yusof and her husband Datuk Fadzaruddin Shah Anuar apologised for the debacle and announced that they would step down from their positions in FashionValet, which they founded.
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