Malaysian Prime Minister Anwar Ibrahim has ordered sovereign wealth fund Khazanah Nasional Berhad to conduct an internal audit over losses from an investment in local online fashion retailer Fashion Valet Sdn. The Malaysian Anti-Corruption Commission has also launched an investigation into investment losses of MYR43.9m (USD10) by mKhazanah and state-owned asset manager Permodalan Nasional Bhd. Both entities invested a total of MYR47m in Fashion Valet in 2018 but eventually sold it for MYR3.1m. Fashion Valet's co-founders, Fadzarudin Shah Anuar and Vivy Yusof, have taken responsibility for the failure and announced their resignation. The audit aims to ensure government-linked companies fulfill their responsibilities, with the losses deemed minor compared to the firms' overall income.