KPMG

Private consultancy companies have govts addicted to their services and the bill continues to balloon as the ties that bind get tighter.

KPMG's Johan Idris has described the instruction of Najib Razak to the audit firm to complete and sign off on its audit of 1MDB 2013 financial statement within two weeks, as a form of intimidation.

Shafee Abdullah contended that Najib Razak had never put pressure on KPMG Malaysia to sign off on the 2013 1MDB financial statement during a meeting between the audit firm and 1MDB.

The High Court today was told that Najib Razak had "instructed" KPMG Malaysia to sign off its audit report of 1MDB for the year 2013, during the firm's meeting with 1MDB.

The High Court was told today that Najib Razak had never given the "okay" to KPMG Malaysia to sign off the 2013 1MDB financial statement after a meeting between the audit firm and 1MDB.

A number of other Western companies, including Nike, Ikea and French bag maker Birkin Hermes have closed stores or offices or ceased operations.

1MDB raised billions of dollars in bonds, ostensibly for investment projects and joint ventures, between 2009 and 2013.

The instruction was made through an email, titled 'Urgent: Briefing Package for "YAB PM".

KPMG has agreed to a settlement valued at RM333 million (US$80 million) to resolve all claims related to its fiduciary duties on auditing of 1MDB accounts for the period of 2010 to 2012.

The global Technology Industry Survey 2021 involves more than 800 industry leaders.

Audit firm KPMG on Friday denied the allegations and pledged to "vigorously" contest the suit.

The government of Malaysia, Minister of Finance Inc (MoF Inc), 1Malaysia Development Berhad (1MDB) and four of its subsidiaries have filed a suit against 44 partners of accounting firm KPMG.

The Ministry of Finance (MoF) has confirmed that a writ and statement of claim have been filed against 44 individual partners of Malaysian accounting firm KPMG PLT on July 6, 2021.

The directors resigned due to a difference of opinion on the company's legal action against its former external auditor, KPMG PLT.

Malaysian oil and gas service provider Serba Dinamik Holdings Bhd must appoint an independent reviewer to address issues.

The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.

The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.

The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.

Malaysia's inflation rate for October 2024 has increased to 1.9 per cent, up from 1.8 per cent in September this year.

For the first time, Saudi Arabia is participating in the China International Aviation & Aerospace Exhibition held recently in Zhuhai.

The coronation of Britain's King Charles cost taxpayers GBP72 million (US$90 million), official accounts have revealed.

A married couple and a man were charged in the Magistrate's Court here today with trafficking 51.974 kilogrammes of Methamphetamine.

The police may seek new testimony from existing witnesses for additional insights into the investigation of Teoh Beng Hock's death.

Thailand's Constitutional Court rejects a petition seeking to stop Thaksin Shinawatra from interfering in the running the Pheu Thai party.

The State Assemblyman for Sungai Bakap, Abidin Ismail, was sworn in today at the State Assembly building, Lebuh Light.