Investment losses in FashionValet: MACC spot suspicious transactions

  • 📰 theSundaily
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Bernama News

South Africa South Africa Latest News,South Africa South Africa Headlines

PUTRAJAYA: The Malaysian Anti-Corruption Commission (MACC) has found several suspicious transactions in an investigation into investment losses of RM4...

: The Malaysian Anti-Corruption Commission has found several suspicious transactions in an investigation into investment losses of RM43.9 million in FashionValet Sdn Bhd .

“We looked at the flow of financial sources and the reasons for entry and where the money is spent to see if there are elements of corruption or other offences involving fraud. Apart from that, he said MACC was also investigating the ownership of luxury items that had been shown by the couple on social media.

 

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

 /  🏆 25. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

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

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 »

MACC investigates RM43.9 million 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 »

Report: MACC to issue official statement on RM43.9m FashionValet investment loss by Khazanah, PNB todayKUALA LUMPUR, Nov 2 — The Malaysian Anti-Corruption Commission (MACC) is set to release an official statement today regarding the RM43.9 million loss incurred by Khazanah...
Source: malaymail - 🏆 1. / 86 Read more »