Financial scandal: Malaysia gets Deloitte’s R1bn settlement, still in talks with KPMG

Malaysia says Deloitte paid $106m in 1MDB settlement

KUALA LUMPUR - Malaysia on Thursday (June 3) said it had received US$80 million ($106 million) from audit firm Deloitte, as part of a settlement deal related to a multi-billion dollar scandal at 1Malaysia Development Berhad (1MDB). Malaysia's Finance Ministry said in a statement it is also negotiating a settlement with another auditor, KPMG, related to 1MDB. About RM16.4 billion (S$5  billion) in seized and repatriated 1MDB funds have been retur…

Financial scandal: Malaysia gets Deloitte’s R1bn settlement, still in talks with KPMG

Malaysia received $80 million (about R1 billion) from Deloitte in settlement over the firm’s audit of 1MDB - one of the world's biggest financial scandals - and its finance ministry said it is in negotiations with KPMG as well

Deloitte PLT remits RM336 million in 1MDB seized funds

KUALA LUMPUR: Deloitte PLT has remitted RM336 million (USD80 million), which represents seized funds linked to 1Malaysia Development Berhad (1MDB) into Malaysia’s Assets Recovery Trust Account.

Finance Ministry: Malaysia received RM336m from Deloitte for 1MDB, SRC settlement

The Finance Ministry said the current balance in the trust account was sufficient to service 1MDB’s debt obligations for 2021 and 2022 only. — Reuters pic Follow us on Instagram and subscribe to our Telegram channel for the latest updates.KUALA LUMPUR, June 3 — The Malaysian government announced today that it has received the remittance of US$80 million (RM336 million) in from an out-of-court settlement related to 1Malaysia Developme…

Malaysia says Deloitte paid $80 million in 1MDB settlement

KUALA LUMPUR - Malaysia on Thursday said it had received $80 million from audit firm Deloitte PLT, as part of a settlement deal related to a multi-billion dollar scandal at 1Malaysia Development Berhad (1MDB).

Malaysia says Deloitte paid US$80 million in 1MDB settlement

Malaysia on Thursday said it had received US$80 million from audit firm Deloitte PLT, as part of a settlement deal related to a multi-billion ...