Co-founders of FashionValet charged with misappropriating RM8 million, pleading not guilty.
The co-founders of FashionValet, Vivy Yusof and her husband Fadzaruddin Shah Anuar, have been charged with misappropriating RM8 million from two government investment firms. They pleaded not guilty under Section 403 of the Penal Code, which could lead to a five-year prison sentence, caning, and a fine. The couple was granted bail and must report monthly and surrender their passports. Their trial is scheduled for March 10.
2 months ago
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