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Top News In தேசிய எதிர்ப்பு நிதி குற்றம் மையம் Today - Breaking & Trending Today

Government's recovery efforts in full swing

MoF confirms 1MDB, SRC filed 22 suits to recover RM97bil
KUALA LUMPUR: The Ministry of Finance (MoF) confirmed yesterday legal representatives of 1Malaysia Development Bhd (1MDB) and SRC International Sdn Bhd had filed a total of 22 civil suits to recover RM96.6bil (US$23bil).
In a statement, the MoF said the suits were filed last Friday in the government’s continuing efforts to recover the losses suffered by 1MDB and SRC.
“Six of these writs were filed by 1MDB, while 16 were by SRC for the recovery of assets with a combined total in excess of RM96.60bil (US$23bil), including approximately RM300mil against various local parties, ” it said. ....

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1MDB still has RM32.3bil debt, total payment will amount to RM41.5bil

1MDB still has RM32.3bil debt, total payment will amount to RM41.5bil
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.

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1MDB still has RM32.3bil in outstanding debt, says board

1MDB still has RM32.3bil in outstanding debt, says board
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.

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Deloitte to pay  RM324m over 1MDB, SRC  | Daily Express Online - Sabah's Leading News Portal

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) ....

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Deloitte to pay RM324mil as settlement to the govt

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. ....

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