PUTRAJAYA: The Malaysian Anti-Corruption Commission (MACC) has identified several suspicious account transactions in an investigation concerning investment losses amounting to RM43.9 million sustained by Khazanah Nasional Berhad (Khazanah) and Permodalan Nasional Berhad (PNB) in FashionValet.
MACC chief commissioner, Tan Sri Azam Baki, said that these suspicious transactions have been detected from 2018 until last year, based on the investigation conducted so far.
"The investigation team has, so far, concluded that there are suspicious account transactions from a company linked to the founders of FashionValet and several other parties under investigation.
"We have also detected some dubious financial transactions, which began from 2018 to 2023," he said when contacted this evening.
Azam said that his team has seized approximately 60 boxes containing various documents from FashionValet, Khazanah, and PNB to assist in the investigation.
He said that the forensic accounting division of the MACC is currently reviewing all the documents obtained.
"We are examining the flow of funds, the sources, and where the money was spent to determine if there are elements of corruption or other offences involving fraud.
"However, we believe that some of the investments received may have been misused, and we are currently identifying these instances," he added.
He said that the MACC is now in the process of tracking items belonging to the founders of FashionValet, previously showcased on social media.
"They need to cooperate to help identify the items previously displayed on social media," he said.
When asked if the couple would be detained, Azam said that there are no plans for that at this time as they are fully cooperating with the MACC.
Earlier, the founders of the e-commerce platform, Datin Vivy Yusof and Datuk Fadzaruddin Shah Anuar, were present at the MACC headquarters to provide their statements.
Yesterday, the MACC searched the couple's residence and seized 11 luxury handbags and a luxury watch, valued collectively at around RM200,000.
Additionally, the MACC has frozen several personal and company bank accounts owned by the founders involved.