KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) has initiated an investigation into losses incurred by Khazanah Nasional Berhad and Permodalan Nasional Berhad (PNB) from their investment in a local online fashion business, says Tan Sri Azam Baki (pic).
The MACC Chief Commissioner said that the investigation was needed as it involves the use of public funds and was a matter of public interest.
