KUALA LUMPUR (Reuters) -Malaysia's government and state fund 1Malaysia Development Berhad (1MDB) are seeking over $5.6 billion in damages from KPMG partners for alleged breaches and negligence ...

Audit firm KPMG PLT denied on Friday allegations of breaches and negligence in relation to state fund 1Malaysia Development Berhad (1MDB) and pledged to "vigorously" contest a reported $5.64 ...

The Malaysian government and 1MDB have filed a US$5.64 billion (RM23.63 bil) lawsuit against 44 partners of audit firm KPMG Malaysia over alleged negligence and breach of contract in its audit of ...

KPMG International has denied any relationship or connection to 1Malaysia Development Berhad (1MDB) following recent allegations by whistleblower site Sarawak Report that the audit firm had "cooked ...

KUALA LUMPUR: KPMG has agreed to a settlement valued at RM333mil (US$80mil) to resolve all claims related to its fiduciary duties on auditing of 1Malaysia Development Bhd (1MDB) accounts for the ...

In the end, KPMG did not sign off on 1MDB’s 2013 financial statement as 1MDB still did not provide the required information on 1MDB’s purported overseas investments allegedly worth US$2.3 billion.

1MDB’s auditor KPMG told the company not to rely on its reports over three years as they don’t show “true and fair” assessment of the troubled state fund’s finances.

KUALA LUMPUR: The High Court was told that KPMG was replaced as the auditor of 1Malaysia Development Bhd (1MDB) due to an “impasse” that could not be resolved between the audit firm and the ...

Malaysia's government and state fund 1Malaysia Development Berhad (1MDB) are seeking over $5.6 billion in damages from KPMG partners for alleged breaches and negligence linked to a corruption ...

Malaysia's government and state fund 1Malaysia Development Berhad (1MDB) are seeking over $5.6 billion in damages from KPMG PLT for alleged breaches and negligence linked to a corruption scandal ...

(Corrects headline and paragraphs 1 and 11 to refer to KPMG partners, not KPMG PLT) KUALA LUMPUR (Reuters) -Malaysia’s government and state fund 1Malaysia Development Berhad (1MDB) ...