Cradle Fund CEO’s death classified as murder


Police have confirmed the death of Cradle Fund Sdn Bhd CEO Nazrin Hassan (picture) on June 14 has now been classified as a murder case.

Selangor criminal investigation department chief SAC Fadzil Ahmat said the case had been classified under Section 302 of the Penal Code last Friday.

“The decision was made based on the reports of the Fire and Rescue Department, as well as the post-mortem,” he said in a statement yesterday. In June, the media reported Nazrin had died in a fire at his residence in Petaling Jaya at about 12.20pm.

Nazrin was found dead in a bedroom which was filled with smoke and he had 30% burns on his body. The firefighters managed to rescue Nazrin’s wife and four children.

Cradle Fund, in a statement then, confirmed the post-mortem report concluded that

Nazrin had died of complications from injuries as a result of an explosion of a mobile phone being charged nearby.

Cradle Fund is a company under the Ministry of Finance which was set up to develop technology entrepreneurs and ecosystem start-up companies in Malaysia.

It provided initial funding for successful companies such as Grab (MyTeksi) and iMoney. — Bernama