Who are the key figures on trial for alleged criminal breach of trust?

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Key Figures Facing Criminal Breach of Trust Charges

Datin Vivy Sofinas Yusof and Datuk Fadzarudin Shah Anuar are the key figures currently on trial for alleged criminal breach of trust. They are accused of misappropriating RM8 million in investment funds.
Allegations of Fund Misappropriation

The core of the charges against Vivy Sofinas and Fadzarudin Shah revolves around the alleged misappropriation of RM8 million in investment funds originating from Khazanah Nasional Berhad and Permodalan Nasional Berhad (PNB). The prosecution alleges that this sum was transferred from Fashion Valet's company bank account to 30 Maple Sdn Bhd without the necessary approval from the board of directors.
Financial Transactions Under Scrutiny

Evidence presented in court detailed financial transactions involving Khazanah Nasional Berhad. In March 2018, Khazanah made two interbank transfers to Fashion Valet Sdn Bhd's Public Bank account, totalling approximately RM19.5 million. The first transfer, amounting to RM7,848,000, occurred on March 23, 2018, followed by a second transfer of RM11,742,000 on March 26, 2018.
Director Appointments and Roles

The court also heard testimony regarding the directorships held by the accused. Vivy Sofinas was appointed as a director of Fashion Valet on September 29, 2010, while Fadzarudin Shah was appointed on December 13, 2012. Significantly, both individuals were simultaneously appointed as directors of 30 Maple Sdn Bhd on December 9, 2013, and records indicate they maintained these directorships until 2024.

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Who are the key figures on trial for alleged criminal breach of trust?

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