Malaysia says auditor KPMG to pay $108 million in 1MDB settlement

2021-09-16

September 17, 2021 6:49 AM

KUALA LUMPUR (REUTERS) – Malaysia said audit firm KPMG has agreed to pay a US$80 million (S$108 million) settlement to resolve all claims related to their fiduciary duties on auditing of 1Malaysia Development Berhad (1MDB) accounts from 2010 to 2012.

Source : http://www.straitstimes.com/business/banking/malaysia-says-auditor-kpmg-to-pay-108-million-in-1mdb-settlement

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Malaysia says auditor KPMG to pay $108 million in 1MDB settlement

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