Datin Vivy Yusof and Datuk Fadzaruddin Shah Anuar, founders of FashionValet, appeared at the Kuala Lumpur Sessions Court, where they were charged with criminal breach of trust involving RM8 million related to investment losses incurred by Khazanah Nasional Berhad and Permodalan Nasional Berhad. They pleaded not guilty.
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FashionValet founders Datin Vivy Yusof and Datuk Fadzaruddin Shah Anuar arrived at the Kuala Lumpur Sessions Court today at 8:45am.Both were charged with criminal breach of trust involving RM8 million related to the investment losses incurred by Khazanah Nasional Berhad and Permodalan Nasional Berhad Both funds had invested about RM43.9 million in the e-commerce platform.
The prosecution was led by Deputy Public Prosecutor Datuk Wan Shaharuddin Wan Ladin while Vivy and Fadza were represented by lawyer Ashok Athimulan. READ MORE: “Maybe They Should Have A Life” – Aireen Omar’s Take On Speculations Levelled Against FashionValetREAD MORE: Finance Ministry Outlines 3 Reasons Why FashionValet Failed
Fashionvalet Datin Vivy Yusof Datuk Fadzaruddin Shah Anuar Kuala Lumpur Sessions Court Criminal Breach Of Trust RM8 Million Khazanah Nasional Berhad Permodalan Nasional Berhad
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