
Putrajaya has not decided whether 1MDB's new auditor Parker Randall will re-audit the firm's 2013 and 2014 financial statements which was disavowed by previous auditors Deloitte.
"Any decision the re-audit of 1MDB's financial statements will be made after discussions with the new auditors," said Finance Minister Najib Abdul Razak.
The prime minister said this in a parliamentary written reply to Petaling Jaya Utara MP Tony Pua.
Pua had asked whether Parker Randall will audit 1MDB's financial statements for 2013 and 2014 again.
Parker Randall was appointed as 1MDB's auditor last month following Deloitte's decision to resign in July last year.
Deloitte's resignation came one week after the US Department of Justice (DOJ) announced its civil forfeiture suit aimed at seizing funds and assets allegedly siphoned from 1MDB.
Following this, Deloitte said that the financial statements for the year 2013 and 2014 could no longer be relied upon.
Pua also asked the finance minister when 1MDB's financial statements for the year 2015 and 2016 would be ready.
Najib replied that that the Companies Commission of Malaysia had extended the deadline for 1MDB to hold their Annual General Meeting by March 31 and to approve the financial statements for 2015 and 2016.-Mkini

No comments:
Post a Comment
Note: Only a member of this blog may post a comment.