1MDB switched auditors due to pressure from Najib, says ex-CEO | The Malaysian Insight

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1MDB switched auditors due to pressure from Najib, says ex-CEO

Former prime minister Najib Razak at the Kuala Lumpur High Court today, which heard that he insisted on closing the 1MDB financial report in 2013 despite KPMG's misgivings. – The Malaysian Insight pic by , September 15, 2020.

PRESSURE from former prime minister Najib Razak led 1Malaysia Development Bhd to change auditors from KPMG to Deloitte after the former refused to sign off on the state investment firm’s 2013 accounts, the Kuala Lumpur High Court heard today. Former 1MDB CEO Mohd Hazem Abdul Rahman said KPMG also did not want to sign off on 1MDB’s Brazen Sky investment as the firm was unhappy with the explanations given.

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