KPMG has denied allegations of breaches and negligence in relation to state fund 1MDB and pledged to “vigorously” contest a reported US$5.64bil (RM23.63bil) lawsuit filed against 44 current and former partners.
KUALA LUMPUR: The Finance Ministry (MoF) has confirmed that a writ and statement of claim have been filed against 44 current and former partners of Malaysian accounting firm KPMG PLT on July 6.
The ministry was responding to numerous media queries about the legal action filed against the firm.
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