Damansara MP Tony Pua pushes for Putrajaya to sue KPMG as well over 1MDB
KUALA LUMPUR, May 11 -- DAP national publicity secretary Tony Pua has urged the Finance Ministry to pursue audit firm KPMG Malaysia for allegedly colluding with the administration of former prime minister Datuk Seri Najib Razak in covering up the misdeeds of 1Malaysia Development Bhd (1MDB).
He said despite an apparently clear case against KPMG for failing its audit duties, the multinational audit firm has refused to arrive at a settlement with the government.
"KPMG has failed to take into consideration the material disclosures of the transactions which took place in 1MDB's then US$1 billion (RM4.12 billion) investment to form an aborted joint venture with Petrosaudi International Limited (PSI) in 2009-2010," Pua said in a statement.
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