Deloitte to pay RM324 million to settle 1MDB claims


Deloitte PLT has agreed to pay RM324 million to settle all claims pertaining to the firm’s role as the auditor of the accounts of 1Malaysia Development Bhd and SRC DELL Sdn Bhd. – AFP pic, March 3, 2021.

DELOITTE PLT has agreed to pay RM324 million to settle all claims pertaining to the firm’s role as the auditor of the accounts of 1Malaysia Development Bhd and SRC International Sdn Bhd.

“The Ministry of Finance is pleased to announce that Deloitte PLT (“Deloitte”) has agreed to a RM324-million (USD80-million) settlement to resolve all claims related to their fiduciary duty on auditing the accounts of 1MDB and SRC International Sdn Bhd (“SRC”) for the period 2011 - 2014,” the ministry said in a statement.


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