Malaysian police raid Deloitte office for 1MDB-related documents: sources
24 May 2019

Malaysian police raided the Kuala Lumpur office of audit firm Deloitte on Thursday as part of a widening probe into a multibillion-dollar scandal at state fund 1MDB, two police sources told Reuters.

Investigators seized documents and records related to the firm’s dealings with 1Malaysia Development Berhad (1MDB), one of the sources said.

A representative for Deloitte could not be immediately reached for comment.

Authorities in at least six countries are investigating alleged graft and money laundering at 1MDB, set up by former Malaysian Prime Minister Najib Razak in 2009.

Najib, who was ousted in an election last year, is facing dozens of criminal charges over losses at 1MDB and other state entities. He has consistently denied wrongdoing.

By Rozanna Latiff and Liz Lee, Reuters, 23 May 2019

Read more at Reuters

Read more:

Malaysia probing audit firms’ conduct in 1MDB scandal

EY takes over as SIG auditor as regulator investigates Deloitte

US Officials Recommend Criminal Plea Deal for Goldman in 1MDB Case: FT

 

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