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Deloitte audited fraud-hit Malaysian state fund 1MDB between 2011 and 2014

Editorial Board Member, The Wall Street Journal.

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Accountancy firm Deloitte PLT has agreed to pay the Malaysian government $80m to settle claims relating to its auditing of scandal-hit state fund 1MDB.

The Malaysian finance ministry announced the settlement on 3 March which it said was the largest by an audit firm in southeast Asia.

Deloitte agrees to pay Malaysia $80m to settle 1MDB claims

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