Vivy, Fadza's statements on RM43.9 million investment loss still being recorded

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Fashion e-commerce platform founders Datin Vivy Yusof and her husband Datuk Fadzaruddin Shah Anuar. Photo: Instagram

The investigation is being conducted under Section 18 of the MACC Act 2009, which pertains to the submission or verification of documents containing false information.

PUTRAJAYA - After three hours of questioning, FashionValet e-commerce platform founders Vivy Yusof and her husband, Datuk Fadzarudin Shah Anuar, remain at the Malaysian Anti-Corruption Commission (MACC) Headquarters, where their statements are still being recorded.

This was confirmed by MACC Chief Commissioner Tan Sri Azam Baki when contacted on Tuesday.

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"Still in progress," he said briefly.

He added that the investigation is being conducted under Section 18 of the MACC Act 2009, which pertains to the submission or verification of documents containing false information.

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Vivy and Fadzarudin arrived at the MACC Headquarters in Putrajaya at 2.30pm for questioning.

The inquiry follows a statement by the Finance Ministry (MoF) last Monday in the Dewan Rakyat, revealing that Khazanah Nasional Bhd (Khazanah) and Permodalan Nasional Bhd (PNB) gained RM3.1 million from the sale of shares in FashionValet to Bumiputera company NXBT Partners in 2023.

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Following this disclosure, Prime Minister Datuk Seri Anwar Ibrahim, also the Khazanah Chairman, instructed an internal audit to investigate the investment loss.

In a coordinated effort, MACC simultaneously raided four premises on Monday, including MoF, Khazanah and PNB. Another raid location was FashionValet’s headquarters in Bangsar.

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