Professional services firm Deloitte is the latest global company to be embroiled in the scandal that depleted Malaysia’s sovereign wealth fund. The UK-based firm was fined $535,000 Wednesday by the Malaysian government after it allegedly failed to report irregularities found in audits of companies linked to the 1Malaysia Development Berhad fund, according to the Financial Times. The fund, which was established under Malaysia’s previous prime minister Najib Razak, has come under scrutiny under the new […]
source https://therealdeal.com/2019/01/30/deloitte-fined-by-malaysian-government-over-1mdb-scandal/
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