Two Malaysian investment firms, Khazanah Nasional Berhad and Permodalan Nasional Berhad, are under scrutiny for investing RM43.9 million in FashionValet, resulting in a loss of RM40.8 million. The collapse of FashionValet has sparked public outrage, leading to an audit of the sovereign wealth fund and an investigation by the Malaysian Anti-Corruption Commission. Prime Minister Anwar Ibrahim has ordered a probe into the investment losses, with critics questioning the company’s management and transparency practices.
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Police vehicle involved in accident with cyclist along Keppel Road, officer assisting with investigations
Read a summary of this article on FAST.SINGAPORE: A police officer is under investigation after allegedly leaving the scene of a traffic accident involving his police vehicle and a cyclist on June 6. The 30-year-old officer from the Special Operations Command returned to the scene upon being informed by Traffic Police, while the injured 41-year-old cyclist was hospitalized. The officer is being investigated for driving without due consideration and has been removed from driving duties.Source:...
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