Auditor Deloitte to pay US$80m settlement in relation to 1MDB scandal

Auditor Deloitte to pay US$80m settlement in relation to 1MDB scandal
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KUALA LUMPUR (March 3): After settling with AmBank Bhd for RM2.83 billion, the Malaysian government is said to have agreed to a settlement of US$80 million (RM324 million) with Deloitte PLT in relation to the 1Malaysia Development Bhd (1MDB) scandal, according to sources.

An announcement is expected to be made by the Ministry of Finance soon.

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Putrajaya settles with Deloitte for RM324m in relation to 1MDB scandal

Kathy Fong