KUALA LUMPUR: KPMG has agreed to a settlement valued at RM333mil (US$80mil) to resolve all claims related to its fiduciary duties on auditing of 1Malaysia Development Bhd (1MDB) accounts for the period of 2010 to 2012, the Finance Ministry (MoF) said.
KPMG to pay RM333mil to M'sian govt as 1MDB settlement, says Finance Ministry thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
Finance Ministry: KPMG to pay RM333m to Malaysian govt in 1MDB settlement | Malaysia malaymail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaymail.com Daily Mail and Mail on Sunday newspapers.
KUALA LUMPUR: The High Court was told that 1Malaysia Development Bhd (1MDB) had paid Bloomberg, a privately-held media company, to list one of its funds to improve poor public perception of the investment portfolio.