As reported, Malaysian police railed Deloitte offices in relation to the 1MDB scandal.
The law enforcement officials were looking for documentation related to the operation of the fund and the respective audits conducted by Deloitte as independent external auditor (up to 2016, year in which Deloitte resigned as fund’s auditor).
The spokesman of the firm confirmed that Deloitte is cooperating with authorities and that no procedure has been foreseen against the firm.
Prior to Deloitte becoming the external auditor of the 1MDB fund, EY and KPMG served in the same capacity.
As par of the 1MDB scandal findings, more than 4.5 million USD were misappropriated by agents between 2009 and 2014.
Investigations for the grafting of several millions continue in at least six countries.
