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

  • 📰 malaymail
  • ⏱ Reading Time:
  • 26 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 86%

Anwar Ibrahim News

Khazanah Nasional,Fashionvalet

KUALA LUMPUR, Nov 2 — Prime Minister Datuk Seri Anwar Ibrahim has today directed an internal audit into Khazanah Nasional Berhad’s loss-making investment in e-commerce platform...

‘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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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%.
Source: staronline - 🏆 4. / 75 Read more »

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...
Source: malaymail - 🏆 1. / 86 Read more »

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...
Source: theSundaily - 🏆 25. / 51 Read more »