PUTRAJAYA, Nov 2 — The Malaysian Anti-Corruption Commission (MACC) has opened an investigation into the investment losses of Khazanah Nasional Bhd and Permodalan Nasional Bhd (PNB) in a local online fashion business.
Its chief commissioner Tan Sri Azam Baki said the investigation was important because it involved the use of public funds and was an issue of public interest.
"MACC assures that a thorough investigation will be conducted in a fair and professional manner.
"The public is asked to give space for the investigation to be carried out and to avoid speculation and 'media trial' against the parties involved," he said in a statement today.
— Bernama
