MoF: Govt receives RM336mil from Deloitte


KUALA LUMPUR: The government has received a remittance of RM336mil (US$80mil) from Deloitte PLT related to 1Malaysia Development Bhd (1MDB).

The Ministry of Finance (MoF) said in a statement posted on its website yesterday that the amount was deposited into Malaysia’s assets recovery trust account.

“The monies transferred represent the funds seized in matters related to the 1MDB, ” it said.

MoF said to date, the trust account – under the custody of the Accountant General’s Department of Malaysia – has received RM16.386bil of seized and repatriated 1MDB funds.

Any balance in the trust account will be utilised to primarily repay and service 1MDB and SRC’s remaining debts.

This balance excludes the settlement amount of RM2.83bil that will be received from the AmBank Group soon.

Aside from that, negotiations are also currently ongoing with KPMG.

To date, the government has repaid RM12.54bil of 1MDB’s debt and RM3.1bil of SRC’s debt.

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