Flying first class but deep in debt: Malaysia’s influencers in the spotlight for misusing funds

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Flying first class but deep in debt: Malaysia’s influencers in the spotlight for misusing funds
DebtMalaysianMisuse
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The 63-year-old, who came out of retirement in September, is making his return with the Chinese drama 'Last Hurrah'.

Malaysian influencer-entrepreneur Vivy Yusof, actress Rozita Che Wan, and Cosmetics mogul Hasmiza Othman. - BERNAMA, ROZITA CHE WAN/INSTAGRAM, BERITA HARIAN FILE

The two entities lost a total of RM43.9 million after selling their stakes in the fashion e-commerce platform in 2023 for RM3.1 million.“What makes me sad is that the money from PNB and Khazanah is unlikely to be recovered. And of course they are going to check it off as an investment error. How could you give RM47 million to a loss-making company?” said TikToker financialfaiz on Dec 6.

In recent weeks, the case of actress Rozita Che Wan, 51, popularly known as Che Ta, has grabbed headlines. Some say fault also lies with public agencies themselves for not conducting proper checks on who they lend money to. Another prominent personality has recently found herself in the spotlight for the wrong reasons – cosmetics mogul Hasmiza Othman, better known as Datuk Seri Vida.

She often posts about her extravagant trips abroad, with one TikTok post on Oct 15 showing her flying first class on an Emirates flight to Dubai.

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Debt Malaysian Misuse Funds Vivy Vida Rozita

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