FashionValet losses to be probed by MACC, audit ordered

KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) will investigate the RM43.9mil in losses incurred by Khazanah Nasional Bhd and Permodalan Nasional Bhd (PNB) from their investment in FashionValet.

Following the MACC announcement, Prime Minister Datuk Seri Anwar Ibrahim, who is also Khazanah chairman, directed the sovereign wealth fund to conduct an internal audit on the matter.

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FashionValet , MACC , Prime Minister , Anwar Ibrahim , Khazanah , PNB

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