MACC Freezes Padini Bank Accounts Under Anti-Money Laundering Law — And The Company Isn’t Saying Much More

MACC Freezes Padini Bank Accounts Under Anti-Money Laundering Law — And The Company Isn’t Saying Much More

The Rakyat Post - News·2026-04-25 16:01

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Malaysian apparel retailer Padini Holdings Bhd disclosed on Friday evening (24 April) that several of its bank accounts, along with those of certain subsidiaries, have been frozen as part of an ongoing investigation by the Malaysian Anti-Corruption Agency (MACC).

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