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


Reuters | Kuala Lumpur | Updated: 13-01-2022 14:23 IST | Created: 13-01-2022 14:23 IST
Malaysia has received $81.7 mln from KPMG in 1MDB settlement
  • Country:
  • Malaysia

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.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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