KPMG managing partner: Najib ordered me to have 1MDB 2013 audit signed; but we didn’t as 1MDB did not give info requested for months
KPMG to pay Malaysian govt US$80m in 1MDB settlement
Najib never approved KPMG signing off 2013 1MDB financial statement: witness
1Malaysia Development Berhad scandal
1Malaysia Development Berhad scandal
1Malaysia Development Berhad scandal
At the same time, the change of three auditors since its inception in 2009 was considered suspicious.
In June, it said it was negotiating a settlement with the auditor.
The plaintiffs said they would seek the full amount misappropriated, including interest accrued as well as additional costs.
The documents were leaked by Swiss national Xavier Justo, a former PetroSaudi International employee.
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The hearing continues before Justice Collin Lawrence Sequerah today.
The trial, before Judge Datuk Collin Lawrence Sequerah, continues on May 9.
The Malaysian government and MoF Inc, a statutory body under the finance ministry, would also seek 2.