KUALA LUMPUR (Reuters) - Malaysia on Thursday said it had received $80 million from audit firm Deloitte PLT, as part of a settlement deal related to a multi-billion dollar scandal at 1Malaysia Development Berhad (1MDB).
Malaysia's finance ministry said in a statement it is also negotiating a settlement with another auditor, KPMG, related to 1MDB. About 16.4 billion ringgit ($3.98 billion) in seized and repatriated 1MDB funds have been returned to Malaysia to date, the ministry said.
($1 = 4.1200 ringgit)
(Reporting by Joseph Sipalan; Editing by Ed Davies)
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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