Kpmg 1mdb - Najib never approved KPMG signing off 2013 1MDB financial statement: witness

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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

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KPMG to pay Malaysian govt US$80m in 1MDB settlement

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Najib never approved KPMG signing off 2013 1MDB financial statement: witness

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1Malaysia Development Berhad scandal

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KPMG denies alleged breaches, negligence after reported 1MDB lawsuit

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.




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