FashionValet founders leave MACC HQ after five hours of questioning


PUTRAJAYA: FashionValet founders Datin Vivy Yusof and Datuk Fadzaruddin Shah Anuar have left the Malaysian Anti-Corruption Commission (MACC) headquarters after five hours of questioning.

The couple was seen leaving the MACC office at 1.58pm on Friday (Nov 8).

Today is the fourth day of taking statements from the couple after MACC detected a number of suspicious account transactions in the investigation into investment losses amounting to RM43.9mil suffered by Khazanah and PNB in FashionValet, reported Astro Awani.

ALSO READ: FashionValet founders arrive at MACC HQ for fourth day of questioning

Earlier, MACC chief commissioner Tan Sri Mohd Azam Baki said that the Forensic Accounting Division is currently examining about 50 to 60 boxes of documents from the company, with a report to be submitted to the Investigation Division.

The Finance Ministry previously said Khazanah and PNB sold their stakes in Malaysia’s first fashion e-commerce platform, Fashion Valet Sdn Bhd, for RM3.1mil – at a loss of almost RM44mil.

Khazanah and PNB had in 2018 paid RM47mil – RM27mil and RM20mil respectively – for minority stakes in the e-commerce platform.

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

Next In Nation

Ministry wants public to report bottled cooking oil shortages
Man nabbed for threatening technician with parang at his home
Elderly man injured, car hits baby elephant in Mersing
Authorities seize nearly 2.4 tonnes of imported rice in Johor
KTMB offers 1,248 tickets for special express train to east coast for Aidilfitri
MCMC probes man for uploading fake content on social media
Festive deals for homebuyers
Penang direct flights with China increase to eighth city in Q2 2025
Sapura Energy's RM1.1bil injection includes management changes
Kitingan says has ‘win-win’ seat sharing formula to strengthen GRS

Others Also Read