Malaysia, 1MDB seek over $5.6b in damages from audit firm KPMG

Malaysia, 1MDB  seek over $5.6b in damages from audit firm KPMG

The 1MDB sign as seen through a car. Photo: Bloomberg TV

Malaysia’s government and state fund 1Malaysia Development Berhad (1MDB) are seeking over $5.6 billion in damages from KPMG PLT for alleged breaches and negligence linked to a corruption scandal at the fund, court documents seen by Reuters showed.

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