FashionValet: Vivy, husband to be charged on Dec 5


SHAH ALAM: E-commerce platform founder Datin Vivy Yusof and her husband, Datuk Fadzaruddin Shah Anuar, are set to be charged in the Kuala Lumpur Court this Thursday (Dec 5).

This was confirmed by Malaysian Anti-Corruption Commission (MACC) Chief Commissioner Tan Sri Azam Baki.

"Yes, they will be charged at the Kuala Lumpur Special Corruption Court.

"The couple will appear in court at approximately 9am this Thursday," he told Sinar Harian on Tuesday (Dec 3).

It is understood that the charges relate to investment losses involving Khazanah Nasional Berhad (Khazanah) and Permodalan Nasional Berhad (PNB) in FashionValet, amounting to RM43.9mil.

Last Thursday (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

Can we get past the roadblocks if we wear Bersih T-shirts?, asks Najib's daughter
CNY celebrations start early at MCA's PJ division
Cops nab three for cable theft in Gerik
'Dongeng Sang Kancil' set to shine on the global stage, says PM
Heavy rain causes flash floods in parts of Klang on Jan 5
Cops nab 13 in raid on unlicensed entertainment centre in JB
Barisan condemns use of Najib's situation for political gains
Student group lodges police report against G57 chairman for alleged defamation
Efforts underway to restore cement supply in Lahad Datu, says state minister
Zahid warns Umno members against joining Putrajaya rally

Others Also Read