Malaysia’s 1MDB Appoints New Auditor as Global Probes Intensify
- Deloitte informed company of plan to resign last February
- 1MDB remains at center of global probes linked to its finances
This article is for subscribers only.
1Malaysia Development Bhd. has appointed a new auditor almost a year after Deloitte LLP notified the state investment company that it planned to resign.
Parker Randall has already started auditing some of the subsidiaries of 1MDB, the fund’s board of directors Chairman Mohd. Irwan Serigar Abdullah told reporters on Thursday. 1MDB said a Malaysian unit of Parker Randall was hired.