Malaysian police on Wednesday (March 3) said they were investigating the husband of the country’s former central bank head for allegedly receiving funds linked to 1MDB, a state fund at the centre of a massive corruption scandal. Malaysian and US authorities have said around US$4.5 billion (S$6 billion) was stolen from 1Malaysia Development Berhad (1MDB), in a globe-spanning scandal that.
Deloitte PLT has agreed to a RM324 million (US$80-million) settlement to resolve all claims related to their fiduciary duty on auditing the accounts of 1Malaysia Development Bhd (1MDB) and SRC International Sdn Bhd (SRC) from 2011 to 2014, said the Ministry of Finance (MoF)
PETALING JAYA: Following its RM2.83bil settlement with AMMB Holdings Bhd
, the Malaysian government has agreed to a settlement of US$80mil (RM324mil) with Deloitte PLT in relation to the 1Malaysia Development Bhd (1MDB) scandal.
In a statement, the Finance Ministry (MoF) said Deloitte PLT had agreed to the settlement to resolve all claims related to its fiduciary duty on auditing the accounts of 1MDB and SRC International Sdn Bhd between 2011 and 2014.
Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz (pic below) said the settlement marked another success in the Malaysian government’s continuing recovery efforts against parties involved in 1MDB and SRC and its related entities.
Deloitte agrees to RM324m settlement over claims related to 1MDB, SRC International thesundaily.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thesundaily.my Daily Mail and Mail on Sunday newspapers.