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The Malaysian Anti-Corruption Commission has unfrozen all bank accounts belonging to fashion retailer Padini Holdings and its subsidiaries, concluding the investigation that prompted the original freeze.
The Malaysian Anti-Corruption Commission has released frozen bank accounts belonging to Padini Holdings and its subsidiaries following an investigation. The garment retailer confirmed no personnel faced arrest or charges.
The Ministry of Entrepreneur and Cooperatives Development is intensifying efforts to support MSMEs and cooperatives in Malaysia's rapidly expanding wholesale and retail sector, which recorded RM175 billion in sales in April 2026.