MACC grills FashionValet founders for sixth day running over RM43.9m investment loss probe Posted on November 14, 2024 By serv PUTRAJAYA, Nov 13 — The founding couple of FashionValet Sdn Bhd, linked to the investment loss of Khazanah Nasional Bhd (Khazanah) and Permodalan Nasional Bhd (PNB), continued giving their statement to the Malaysian Anti-Corruption Commission (MACC). The vehicle carrying the couple arrived at MACC headquarters here at 2.50pm. Today marks the sixth day of their statements being recorded after the MACC detected several suspicious account transactions in its probe into investment losses totalling RM43.9 million. MACC Chief Commissioner Tan Sri Azam Baki was reported to have said that the commission was reviewing and investigating the cash flow received by the e-commerce business platform founders. MACC is also reported to have frozen several of the couple’s private and company bank accounts worth about RM1.1 million through Op Favish on November 6. — Bernama News
Transport minister: Motorcycle e-hailing proposals welcome, proof-of-concept trials possible Posted on November 28, 2024 KUALA LUMPUR, Nov 27 — The Transport Ministry is open to proposals for motorcycle e-hailing services and will consider applications from interested companies, according to Transport Minister Anthony Loke. Speaking during the Budget 2025 committee-level debate in Parliament today, Loke said the ministry would engage with the Road Transport Department… Read More
Thunderstorms, heavy rain warning for KL, Putrajaya and eight other states Posted on January 6, 2025 KUALA LUMPUR, Jan 5 — The Malaysian Meteorological Department (MetMalaysia) has issued a warning for thunderstorms, heavy rain and strong winds expected in Kuala Lumpur, Putrajaya and eight states until 9 pm today. In a statement, MetMalaysia said the affected states include Kedah (covering Yan, Pendang, Kuala Muda, Sik, Baling,… Read More
TikTok a hotbed for investment scams, police warn Posted on November 27, 2024 KUALA LUMPUR, Nov 26 — The Royal Malaysian Police (PDRM) have revealed that TIkTok is becoming the app of choice for criminal syndicates looking for victims to promote their investment scams, as the app is fast being adopted by social media users. Bukit Aman Commercial Crimes Investigations Department (CCID) director… Read More