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1MDB, M’sian govt sue KPMG for $5.6 billion

KUALA LUMPUR: 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, seeking $5.6 billion for alleged breach of contract and negligence in auditing 1MDB’s financial statements for the financial year between 2010 and 2012. […]