You are here: Home » International » News » Companies
Business Standard

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

Malaysia 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

Topics
1MDB scandal | Malaysia | Deloitte

Reuters  |  KUALA LUMPUR 

KUALA LUMPUR (Reuters) - 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's finance ministry said in a statement it is also negotiating a settlement with another auditor, KPMG, related to 1MDB. About 16.4 billion ringgit ($3.98 billion) in seized and repatriated 1MDB funds have been returned to Malaysia to date, the ministry said. ($1 = 4.1200 ringgit)   (Reporting by Joseph Sipalan; Editing by Ed Davies)(Only ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Thu, June 03 2021. 08:47 IST
RECOMMENDED FOR YOU
.