FashionValet founders at MACC HQ to record statement

The Star

FashionValet founders Datin Vivy Yusof and Datuk Fadzaruddin Shah Anuar arrived at the anti-graft agency AT 2pm on Tuesday (Nov 5) to have their statements recorded regarding the RM43.9mil investment losses linked to Khazanah Nasional Bhd and Permodalan Nasional Bhd.  Read more at https://tinyurl.com/w3wb8ss8  WATCH MORE: https://thestartv.com/c/news SUBSCRIBE: https://cutt.ly/TheStar LIKE: https://fb.com/TheStarOnline

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00:00Fashion Valley founders Datin Vivi Yusuf and Datuk Fadzaruddin Shah Anwar are having

00:07their statements recorded by the MACC regarding the 43.9 million ringgit investment losses

00:14linked to Kazana National Berhad and Permodalan National Berhad.

00:19Sources said that the couple arrived around 2pm on Tuesday and was accompanied by a lawyer.

00:26The anti-graft agency initiated an investigation into losses incurred by Kazana and PNB from

00:33their investment into Fashion Valley, a local online fashion business.

00:38MACC Chief Commissioner Tan Sri Azambaki was reported to have said that the company's founders

00:46would be called for questioning. The agency has so far called for witnesses from PNB Kazana

00:53and the Finance Ministry. MACC was also reported to have seized several documents as part of

01:00its investigation into the losses linked to Kazana and PNB. Vivi and Fadzaruddin had apologised

01:07over the losses and said they would step down from their positions in Fashion Valley.

01:12They said this was taken to prevent further controversy from affecting the company, which

01:16is currently in the recovery process.

01:23For more UN videos visit www.un.org

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