Malaysia has received $81.7 mln from KPMG in 1MDB settlement

Malaysia said on Thursday it has received 340.92 million ringgit ($81.69 million) from audit firm KPMG as settlement for a suit filed by state investment firm 1Malaysia Development Berhad (1MDB).

In a statement, the Finance Ministry said the government has repaid 13.3 billion ringgit of 1MDB's debt so far, which the outstanding amount as at Dec. 31 was 38.81 billion ringgit.