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Govt of Malaysia, MoF Inc, 1MDB and subsidiaries withdraw suit against KPMG partners

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Inc (MoF Inc), 1Malaysia Development Bhd (1MDB) and four of its subsidiaries had informed the High Court that they have withdrawn their suit against partners of the audit firm KPMG.

Kuala lumpurIdamasliza maarofNajib razakAzmi tahirInternational sdn bhdMof incMessrs shearn delamore coInc mofErnst youngMalaysia development bhdMalaysia assets recovery trustHigh courtFinance incDevelopment bhdMessrs shearn delamoreAssets recovery trust

Malaysia Govt Receives $80Mil From KPMG in Settlement Over 1MDB Scandal

Malaysia's government has received $80 million from international accounting firm KPMG in settlement over its involvement in the 1MDB scandal.

Kuala lumpurAldgra fredlyTengku zafrul azizNajib razakAsia pacificAssociated pressMalaysia courtMalaysia developmentMalaysia assets recovery trustHigh courtFinance ministrySoutheast asiaAssets recovery trust accountPrime minister najib razakMinister tengku zafrul azizTrust account

1MDB: Malaysia has received RM340 92mil settlement from KPMG, says Finance Ministry

PETALING JAYA: The government has received from KPMG the sum of RM340.92mil, which was deposited into Malaysia’s Assets Recovery Trust Account.

Malaysia generalMalaysia development berhadMalaysia assets recovery trustAssets recovery trustDevelopment berhad

Malaysia receives RM340 92m from KPMG as 1MDB settlement

Malaysia receives RM340.92m from KPMG as 1MDB settlement

Kuala lumpurTengku zafrulZafrul tengku abdul azizRoyal malaysian policeMinistry of financeCorruption centreCorruption commissionNational financial crime prevention centreMalaysia development bhdSecurities commission malaysiaBank negara malaysiaMalaysia assets recovery trustDepartment of malaysiaAssets recovery trustDevelopment bhdAccountant general

Finance Ministry: Malaysia received RM340m from KPMG for 1MDB settlement | Malaysia

KUALA LUMPUR, Jan 13 The Malaysian government announced today that it has received the remittance of US$80 million (RM340.92 million) from the out-of-court settlement related to 1Malaysia Development Berhad (1MDB) from international audit firm KPMG. Finance Minister Datuk Seri Tengku Zafrul.

Kuala lumpurTengku zafrulTengku zafrul abdul azizInternational sdn bhdMalaysia development berhadMalaysia assets recovery trustDepartment of malaysiaDevelopment berhadAssets recovery trust accountTrust accountGovernment guaranteeAccountant generalSdn bhdFinance ministryOut of court settlement1malaysia development berhad 1mdb

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