FashionValet Founders Charged with Criminal Breach of Trust Involving RM8 Million

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FashionValet Founders Charged with Criminal Breach of Trust Involving RM8 Million
FashionvaletFoundersCriminal Breach Of Trust
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Datin Vivy Yusof and Datuk Fadzarudin Shah Anuar, founders of FashionValet, were charged in the Sessions Court at Kuala Lumpur on Thursday, December 5, for a criminal breach of trust involving RM8 million in investment funds belonging to Khazanah Nasional Berhad and Permodalan Nasional Berhad six years ago.

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All offences under the Penal Code shall be inquired into and tried according to the provisions of the Criminal Procedure Code , which is the general law on criminal procedure. In other words, the offence under Section 409 of the Penal Code should be inquired into or investigated by the police.by the Malaysian Anti-Corruption Commission .

Under Section 29 of the Act, where an officer of the MACC has reason to suspect the commission of an offence under the Act, he shall cause an investigation to be carried out and for such purpose may exercise all the powers of investigation provided for under the Act and the Criminal Procedure Code.

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Fashionvalet Founders Criminal Breach Of Trust RM8 Million Khazanah Nasional Berhad Permodalan Nasional Berhad Sessions Court Kuala Lumpur December 5 2024 Datin Vivy Yusof Datuk Fadzarudin Shah Anuar

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