FashionValet: Vivy, husband to be charged on Dec 5


SHAH ALAM: E-commerce platform founder Datin Vivy Yusof and her husband, Datuk Fadzaruddin Shah Anuar, are set to be charged in the Kuala Lumpur Court this Thursday (Dec 5).

This was confirmed by Malaysian Anti-Corruption Commission (MACC) Chief Commissioner Tan Sri Azam Baki.

"Yes, they will be charged at the Kuala Lumpur Special Corruption Court.

"The couple will appear in court at approximately 9am this Thursday," he told Sinar Harian on Tuesday (Dec 3).

It is understood that the charges relate to investment losses involving Khazanah Nasional Berhad (Khazanah) and Permodalan Nasional Berhad (PNB) in FashionValet, amounting to RM43.9mil.

Last Thursday (Nov 28), the MACC announced that the investigation papers concerning the investment losses had been completed and submitted to the MACC's Legal Division for review and consideration.

Prior to this, the MACC detected several suspicious transactions during its investigation into the investment losses in the e-commerce company.

These suspicious transactions were identified from 2018 until last year.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Anwar takes over Pandan as adopted constituency
Supporters gather in KLIA to welcome Global Sumud Flotilla activists’ return
Shots fired at suspects attempting to ram policemen
Traffic builds up on major highways as holiday travellers return
Malaysian citizen confirmed dead in Philippine building collapse
Bersatu claims PAS failed to work together to resolve Perlis, NS crises
Two killed in road collision near Bagan Serai
We are the moderate brand that gave you votes, Bersatu tells PAS off
Don’t poke into our internal affairs, Bersatu tells PAS
Defence Ministry mulling offers to replace cancelled Norwegian missile deal

Others Also Read