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Najib ‘politely requested’ KPMG to sign 1MDB financials, says ex-chairman
Free Malaysia Today
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9 months ago
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The audit firm had refused to sign off on 1MDB’s 2013 financial statements as it was unable to verify the authenticity of a US$2.3 billion ‘investment’ in Brazen Sky Ltd.
Read More:
https://www.freemalaysiatoday.com/category/nation/2025/02/25/najib-politely-requested-kpmg-to-sign-1mdb-financials-says-ex-chairman/
Laporan Lanjut:
https://www.freemalaysiatoday.com/category/bahasa/tempatan/2025/02/25/najib-minta-secara-sopan-kpmg-tandatangan-laporan-kewangan-1mdb-kata-bekas-pengerusi/
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Transcript
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00:00
Former 1MDB chairman told the High Court today that Najib Razak merely made a polite request
00:06
for 1MDB's auditors to sign off on the company's 2013 financials.
00:11
Testifying in the former prime minister's 1MDB trial, Chehlodin Wak Kamaruddin said
00:15
he attended a meeting at Najib's Langgat Duta House on December 15, 2013, together
00:21
with the company's former CEO Hazim Abdul Rahman and its ex-CFO Azmi Tahir.
00:27
Also present were Johan Idris, KPMG's then-managing partner, and two other partners from the audit
00:32
firm Razlan Rahman and Feng Mangkong.
00:35
The court had previously heard that KPMG had refused to sign 1MDB's 2013 financial statements
00:42
after failing to get proper answers to questions about the authenticity of 1MDB's $2.3 billion
00:47
US investment in Brazen Sky Ltd.
00:50
KPMG was subsequently replaced by Deloitte.
00:53
Chehlodin also told the court that contrary to his testimony, Johan's notes on the meeting
00:58
did not suggest that he had been intimidated by Najib into signing off on the financials.
01:03
Najib himself denied ordering KPMG to sign off on the 2013 financial statements and acknowledged
01:09
that the auditors were unhappy with 1MDB for failing to provide sufficient documents.
01:15
Najib is on trial for 25 charges of abuse of power and money laundering, over funds
01:20
amounting to RM2.28 billion that were deposited into his mBank accounts between February 2011
01:26
and December 2014.
01:29
Hanyu Zhou, FMT News.
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