PAC raps 1MDB over latest unaudited accounts

Koh Jun Lin

Modified 10 Jun 2015, 10:33 am

The finance ministry has yet to reappoint auditing firm Deloitte to audit 1MDB’s latest accounts, the Public Accounts Committee (PAC) was told at its hearing today.

While not ruling out the ministry may have appointed another auditor, PAC chairperson Nur Jazlan said a government-linked company like 1MDB should have adopted good management practices by having its accounts audited promptly.

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