PUTRAJAYA - The Malaysian Anti-Corruption Commission (MACC) has frozen several personal and company bank accounts belonging to the husband-and-wife founders of e-commerce platform FashionValet valued at around RM1.1 million.
According to a source, the accounts were being frozen following the anti-graft agency’s investigation into investment losses amounting to RM43.9 million involving funds from Khazanah Nasional Bhd (Khazanah) and Permodalan Nasional Bhd (PNB).
"Since the investigation began, MACC, through "Op Favish” has frozen approximately 11 personal accounts and six company accounts under the couple's management, valued at around RM1.1 million, to assist the investigation.
"MACC has recorded statements from several key individuals, including senior officials from Khazanah, PNB, FashionValet, accountants, valuation company and introducer," the source said, today.
Meanwhile, MACC chief commissioner Tan Sri Azam Baki when contacted, confirmed that the bank accounts had been frozen saying that the case was being investigated under Section 18 of the MACC Act 2009.
On Monday, MACC simultaneously raided the FashionValet office, the Finance Ministry, Khazanah and PNB to obtain financial documents relevant to the investigation.
The source also revealed that MACC also searched the couple's residence in Mont Kiara, Kuala Lumpur at about 5.30pm today after they appeared at the MACC headquarters in Putrajaya for the second time for questioning and statement recording.
"During the raid, besides 12 MACC officers, the couple’s lawyer was also present. The search concluded around 8pm.
"Eleven handbags and a luxury branded watch with a total estimated value of around RM200,000 were seized," the source added.
Meanwhile, Azam confirmed the matter and said the couple is scheduled to return to the MACC headquarters at 10am tomorrow to continue providing their statements.