Malaysian Anti-Corruption Commission Completes Investigation on FashionValet Investment

Politics News

Malaysian Anti-Corruption Commission Completes Investigation on FashionValet Investment
MALAYSIAN ANTI-CORRUPTION COMMISSIONINVESTIGATIONFASHIONVALET
  • 📰 theSundaily
  • ⏱ Reading Time:
  • 10 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 51%

The Malaysian Anti-Corruption Commission (MACC) has completed its investigation into investments made by government entities in the e-commerce platform FashionValet, with the investigation paper handed over to the Legal and Prosecution Division for review, following a directive by Prime Minister Anwar Ibrahim to conduct an internal audit.

: The Malaysian Anti-Corruption Commission has completed the investigation paper on the investments made by several government entities in the e-commerce platform FashionValet Sdn Bhd , said its Chief Commissioner Tan Sri Azam Baki.

Previously, Prime Minister Datuk Seri Anwar Ibrahim had instructed Khazanah Nasional Bhd to conduct an internal audit following the RM43.9 million investment loss in FashionValet.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

theSundaily /  🏆 25. in MY

MALAYSIAN ANTI-CORRUPTION COMMISSION INVESTIGATION FASHIONVALET GOVERNMENT INVESTMENTS ANWAR IBRAHIM

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Japanese nuclear reactor that restarted 13 years after Fukushima disaster is shut down againJapanese nuclear reactor that restarted 13 years after Fukushima disaster is shut down againPETALING JAYA: The Malaysian Anti-Corruption Commission has raided four FashionValet premises.
Read more »

Ringgit ends firmer against greenback amid heightened uncertainty as US election loomsRinggit ends firmer against greenback amid heightened uncertainty as US election loomsPETALING JAYA: The Malaysian Anti-Corruption Commission has raided four FashionValet premises.
Read more »

5.1-magnitude quake hits Mindanao, Philippines, confirms GFZ5.1-magnitude quake hits Mindanao, Philippines, confirms GFZPETALING JAYA: The Malaysian Anti-Corruption Commission has raided four FashionValet premises.
Read more »

Grant heritage status for Taman Tugu land, group urges KL mayorGrant heritage status for Taman Tugu land, group urges KL mayorPETALING JAYA: The Malaysian Anti-Corruption Commission has raided four FashionValet premises.
Read more »

45 police officers arrested for bribery from January-September 202445 police officers arrested for bribery from January-September 2024KUALA LUMPUR: A total of 45 members and officers of the Royal Malaysian Police (PDRM) were arrested by the Malaysian Anti-Corruption Commission (MACC)...
Read more »

Immigration D-G: Errant officers involved in KLIA counter-setting ring transferred to other units, still under MACC probeImmigration D-G: Errant officers involved in KLIA counter-setting ring transferred to other units, still under MACC probePORT DICKSON, Nov 2 — About 50 enforcement officers of the Malaysian Immigration Department (JIM) who were arrested by the Malaysian Anti-Corruption Commission (MACC) last...
Read more »



Render Time: 2025-02-21 10:37:18