Deloitte paid RM329.6m in 1MDB settlement


KUALA LUMPUR: Malaysia on Thursday said it had received US$80mil (RM329.60mil) from audit firm Deloitte PLT, as part of a settlement deal related to a multi-billion dollar scandal at 1Malaysia Development Berhad (1MDB).

Malaysia’s finance ministry said in a statement it is also negotiating a settlement with another auditor, KPMG, related to 1MDB.

About 16.4 billion ringgit ($3.98 billion) in seized and repatriated 1MDB funds have been returned to Malaysia to date, the ministry said. ($1 = 4.1200 ringgit) – Reuters

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