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MACC investigates RM43.9m loss in FashionValet investment by Khazanah, PNB

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KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) has begun investigating into the RM43.9 million loss from investments made by Khazanah N...

The Malaysian Anti-Corruption Commission has begun investigating into the RM43.9 million loss from investments made by Khazanah Nasional Berhad and Permodalan Nasional Berhad in FashionValet.

“An investigation is necessary to determine if there are any criminal elements involved or other issues related to governance,“ he was quoted as saying.

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