AS an online revolt has led to Prime Minister Datuk Seri Anwar Ibrahim instructing sovereign wealth fund Khazanah Nasional Bhd to conduct an internal audit of its loss-making investment in FashionValet Sdn Bhd (FV), netizens have warned against purchasing pre-loved handbags belonging to Datin Vivy Sofina Yusof.

This is because those items which the entrepreneur, influencer and founder of the early e-commerce pioneer and Malaysian start-up poster-child claimed to have precious sentimental value to her are valuable evidence for the Malaysian Anti-Corruption Commission (MACC) to get to the bottom of the RM43.9 mil hole FV has inflicted in both Khazanah and fund manager Permodalan Nasional Bhd’s (PNB) pockets.
The so-called netizen alert came about following an Astro Awani revelation that the graft buster (citing its head honcho Tan Sri Azam Baki) has initiated investigation into losses incurred by both government-linked investment companies (GLICs) from their FV investment.
SPRM memulakan siasatan berhubung kerugian pelaburan berjumlah RM43.9 juta yang dialami Khazanah Nasional Berhad (Khazanah), Permodalan Nasional Berhad (PNB) dalam FashionValet.#AWANInews#AWANI745 https://t.co/aV0NPQDxw5
— Astro AWANI (@501Awani) November 1, 2024
“There you go! After that, she’ll be more active in selling pre-loved items to erase the evidence. Remember, don’t buy her pre-loved stuff. Let her go crazy about how to remove the evidence from shoes and handbag bought with her hard-earned money,” reminded commenter eFJei (@mrfirdausjailan).
The comment by eFJei who is also a social media influencer triggered a chain of fuming netizens who wanted MACC to confiscate “all her rings, necklaces, gold bars, property as well for they’re purchased using the rakyat’s money”.
One commenter even exposed that some of Vivy’s die-hard fans had already purchased her pre-loved items which she claimed “part of the proceeds would be donated for Palestinian causes”.
Interestingly, a finfluencer expressed astonishment as to why there “is so much fuss” over the RM43.9 mil losses incurred by FV when in fact, Khazanah “has even lost hundreds of millions of ringgit in other high-profile investments”.
“Last year, it was the Iskandar Malaysia Studio, before that Silterra and many years back, Malaysian Agrifood Corp,” observed Syahir (@syahirsyhr).
sebenarnya banyak jugak high profile investments yang K rugi malah ada yang mencecah ratusan juta Ringgit. tahun lepas Iskandar Malaysia Studio, sebelum tu Silterra, banyak tahun dulu Malaysian Agrifood Corp.
beratus ratus juta mungkin bilion Ringgit failed ventures oleh GLICs,… pic.twitter.com/hke3F5tHNq
— Syahir (@syahirsyhr) November 2, 2024
“Hundreds of millions or maybe billions of ringgit of failed ventures by GLICs, GLC (government-linked companies) and government agencies but why are people making so much noise about this 🦆 (referring to FV’s dUCK range of well-branded scarves)?
“Maybe because of the attitude of the founder herself. It’s not difficult to understand.”
Yesterday (Nov 2), FocusM ran an article that social media trolling of Vivy has yet to subside a bit but had since extended to her husband Datuk Fadzarudin Shah Anuar, 36, whom netizens accused as being “the brain” behind FV’s business operations while she fronted it as “the face”.
Below are a few more insightful tweets on the X platform with regard to FV’s business misadventure: – Nov 3, 2024
Vivy and hubby punya penjelasan, written in full Queen’s English.
Takat sorry tulis pdf jer?
Najib pon cakap sorry gak.
Sorry naik lori.SRC kes 42 juta
Fashion Valet punya 44 juta
SPRM wajib siasat‼️
Jabatan Audit Negara wajib siasat‼️ pic.twitter.com/Aeygd8z91i— JOKER🔺️ (@tjerealjoker) November 1, 2024
WHO’S WHO
Isu Fashion Valet ada yang mintak saya ulas. Jadi sebab yang bertanya top follower saya keluarlah kejap dari gua pertapaan dan cuba bagi pandangan.
Orang heboh. Masa Fashion Valet rugi Khazanah dan PNB dok beli RM47 juta dan lepas 6 tahun rugi lagi, dijual dalam…
— Liyana Marzuki (@liyana_marzuki) November 1, 2024
Seperti yang dijangkakan, Fashion Valet melalui Vivy Yusof menyalahkan pandemic dan faktor dalaman seperti pembelian teknologi, penambahan cawangan dan pekerja yang menyebabkan pelaburan PNB dan Khazanah rugi sebanyak RM 44 juta.
That ain’t it. Baik cakap je “ye saya bodoh.” https://t.co/M1E1UrJ6Kn pic.twitter.com/uGcral58er
— Ikhwan (@JatIkhwan) November 1, 2024
Main image credit: OhBulan!