MACC grills FashionValet founders for sixth day running over RM43.9m investment loss probe Posted on 14/11/2024 PUTRAJAYA, Nov 13 — The founding couple of FashionValet Sdn Bhd, linked to the investment loss of Khazanah Nasional Bhd (Khazanah) and Permodalan Nasional Bhd (PNB), continued giving their statement to the Malaysian Anti-Corruption Commission (MACC). The vehicle carrying the couple arrived at MACC headquarters here at 2.50pm. Today marks the sixth day of their statements being recorded after the MACC detected several suspicious account transactions in its probe into investment losses totalling RM43.9 million. MACC Chief Commissioner Tan Sri Azam Baki was reported to have said that the commission was reviewing and investigating the cash flow received by the e-commerce business platform founders. MACC is also reported to have frozen several of the couple’s private and company bank accounts worth about RM1.1 million through Op Favish on November 6. — Bernama News
AGC rejects bid from Zayn Rayyan’s parents to have neglect charges dropped, trial now set to start in Feb 2025 Posted on 06/12/2024 KUALA LUMPUR, Dec 6 — The Attorney-General’s Chambers (AGC) has refused the representation submitted by the parents of the late autistic child Zayn Rayyan Abdul Matiin to review and withdraw the neglect charges against them. This decision was conveyed by Deputy Public Prosecutor Raja Zaizul Faridah Raja Zaharudin before Sessions… Read More
Bersatu taking further legal action against MACC, banks over frozen accounts Posted on 01/12/2024 Speaking after Bersatu’s general assembly today, Muhyiddin Yassin (centre) said it is ‘oppressive and unjust’ to freeze the funds it needs to run its activities. SHAH ALAM: Bersatu president Muhyiddin Yassin says the party is considering further legal action against the Malaysian Anti-Corruption Commission (MACC) and banks for freezing the… Read More
Najib: RM90m in 2012 was Saudi king’s ‘political donation’ to me too Posted on 05/12/2024 KUALA LUMPUR, Dec 5 — Former prime minister Datuk Seri Najib Razak today said he believed funds totalling RM90 million which entered his personal AmIslamic bank account in 2012 was also a donation from the late Saudi Ruler King Abdullah. On trial for the misappropriation of RM2 billion belonging to… Read More