MACC continues questioning FashionValet founders Vivy Yusof, Fadzarudin Shah over RM43.9m investment losses linked to Khazanah, PNB Posted on November 6, 2024 By PUTRAJAYA, Nov 6 — The Malaysian Anti-Corruption Commission (MACC) is still recording statements from fashion entrepreneurs and FashionValet co-founders Vivy Yusof and her husband, Fadzarudin Shah Anuar regarding the RM43.9 million loss stemming from investments by Khazanah Nasional Bhd (Khazanah) and Permodalan Nasional Bhd (PNB). According to Bernama, the couple arrived at MACC headquarters in a car, which was seen entering the premises at 12.54 pm today. Yesterday, the couple made their first appearance at the MACC office, where they spent nearly eight hours giving their statements to assist with the investigation. MACC Chief Commissioner Tan Sri Azam Baki told Bernama that, as of yesterday, four witnesses from PNB, Khazanah, and the Ministry of Finance had already been interviewed. The commission also revealed on Monday, through a TikTok post, that it had raided the office of the online fashion company, along with three other locations, seizing various documents for investigation under Section 18 of the MACC Act. Azam assured that the investigation into the financial loss would be carried out impartially and professionally, emphasising the importance of the case due to the involvement of public funds and its significant public interest. He also called on the public to allow the investigation to proceed without speculation or a “public trial” of those involved. SERV
SERV US envoy says US-Malaysia partnership strong, election won’t shift Indo-Pacific focus Posted on November 6, 2024 KUALA LUMPUR, Nov 6 — The United States’ commitment to the Indo-Pacific policy will remain steadfast regardless of the outcome of the US presidential election, US Ambassador to Malaysia Edgard D. Kagan said today. According to English daily The Star Kagan during a US Election watch event emphasised the strength… Read More
SERV KKB polls: Both early voting centres closed at 5pm Posted on May 7, 2024 HULU SELANGOR, May 7 — The early voting process for the Kuala Kubu Baru state by-election concluded today after two polling centres set up for the early voters were closed at 5pm. The two early voting centres, namely at the multipurpose hall of the Royal Malaysian Police College and the… Read More
SERV Search for Masjid India sinkhole victim moves towards Pantai Dalam sewage plant, FT minister says will remap KL next Posted on August 24, 2024 KUALA LUMPUR, Aug 24 — The search and rescue operation (SAR) to locate the Indian tourist who fell into a sinkhole along Jalan Masjid India yesterday will now focus on the last two manholes on the sewer line leading to the Indah Water Konsortium (IWK) Pantai Dalam treatment plant. Minister… Read More