KUALA LUMPUR: A former senior government official who claimed to be ignorant about her own witness statement left Datuk Seri Najib Razak’s defence counsel, Tan Sri Muhammad Shafee Abdullah, livid.
A senior auditor from KPMG told the High Court in Datuk Seri Najib Razak’s 1MDB corruption trial the former prime minister “ordered” him to sign off on the company’s 2013 financial statement
The Government of Malaysia, together with the Minister of Finance Inc (MoF Inc), 1Malaysia Development Bhd (1MDB) and four of its subsidiaries had informed the High Court that they have withdrawn their suit against partners of the audit firm KPMG.
The extension granted by the High Court of England and Wales to 1Malaysia Development Bhd and Minister of Finance Inc (MoF Inc) to file its legal action to challenge its arbitration with International Petroleum Investment Corporation (IPIC) and Aabar Investments PJS is with merits.
10 Jul 2021 / 07:18 H.
KUALA LUMPUR: The government of Malaysia, Minister of Finance Inc (MoF Inc), 1Malaysia Development Berhad (1MDB) and four of its subsidiaries have filed a suit against 44 partners of accounting firm KPMG, seeking US$5.6 billion for alleged breach of contract and negligence in auditing 1MDB s financial statements for the financial year between 2010 and 2012.
Through the court e-filing system, the government, MoF Inc, 1MDB and its four subsidiaries, namely 1MDB Energy Holdings Limited, 1MDB Energy Limited, 1MDB Energy (Langat) Limited and Global Diversified Investment Company Limited, formerly known as 1MDB Global Investments Limited, as the plaintiffs filed the suit on July 6 in the High Court here through law firm Messrs Shearn Delamore & Co.