FashionValet case: Founders Vivy and Fadzaruddin arrive at KL Sessions Court


E-commerce platform founder Datin Vivy Yusof and her husband, Datuk Fadzaruddin Shah Anuar arrived in Kuala Lumpur Court to be charged in connection with the RM43.9m investment losses involving Khazanah, PNB.— MUHAMAD SHAHRIL ROSLI/The Star

KUALA LUMPUR: FashionValet founders Datin Vivy Yusof and Datuk Fadzaruddin Shah Anuar have arrived at the Kuala Lumpur Sessions Court.

The duo arrived at 8.45am in a black multi-purpose vehicle (MPV), as they are expected to be charged in court on Thursday (Dec 5).

As they walked towards the court, the couple were seen holding hands.

The duo were sporting matching outfits, with Vivy in a white suit and Fadza in a black suit.

The charges are understood to relate to investment losses involving Khazanah Nasional Berhad (Khazanah) and Permodalan Nasional Berhad (PNB) in FashionValet, amounting to RM43.9mil.

ALSO READ: FashionValet: Vivy, husband to be charged on Dec 5

On Dec 3, Malaysian Anti-Corruption Commission (MACC) chief commissioner Tan Sri Azam Baki announced that the couple would appear in court on Thursday (Dec 5).

On 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

Minister's son got married last September in Thailand, confirms IGP
Not one sen of 1MDB money was used to boost my image, Najib tells court
Police to finalise investigation on KJ over royal addendum remarks
Thunderstorm warnings issued for six states including Selangor and Johor
Plan co-curricular programmes well to avoid confusion, deputy minister says after UiTM issue
Teacher pleads not guilty for allegedly molesting primary school students in haunted house
Police considering remand extension of TV executive in money-laundering case
Over 3,600 websites offering pirated content blocked since 2021, says Armizan
Sarawak advances in green energy with methanol project
Tommy Thomas fails to recuse judge in defamation suit

Others Also Read