KPMG: Audited 1MDB reports between 2010 and 2012 were inaccurate


  • Nation
  • Tuesday, 26 Jun 2018

PETALING JAYA: KPMG Malaysia, the former auditors for 1Malaysia Development Berhad (1MDB), has found that the financial statements it audited between 2010 and 2012 are inaccurate after analysing the declassified Auditor-General's report on 1MDB.

The 1MDB Board of Directors said in a statement Tuesday (June 26) that its financial statements for the financial years ending March 2010, 2011 and 2012 audited by KPMG do not provide a true and fair assessment of the company.

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