RM341mil from KPMG in 1MDB settlement


In a statement yesterday, the Finance Ministry said to date, the Trust Account – under the custody of the Accountant General’s Department of Malaysia – had received a total of RM19.14bil in connection with the 1MDB financial scandal.Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said the government had repaid RM13.3bil of 1MDB’s debt so far.

KUALA LUMPUR: The government has received RM340.92mil from audit firm KPMG as settlement for a suit filed by state investment firm 1Malaysia Development Bhd (1MDB).

In a statement yesterday, the Finance Ministry said to date, the Trust Account – under the custody of the Accountant General’s Department of Malaysia – had received a total of RM19.14bil in connection with the 1MDB financial scandal.

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1MDB , KPMG , settlement , Finance Ministry , Tengku Zafrul ,

   

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