(Bloomberg) 1Malaysia Development Bhd. has appointed a new auditor almost a year after Deloitte LLP notified the state investment company that it planned to resign.

U.K.-based international accounting network 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 last Thursday. 1MDB said a Malaysian unit of Parker Randall was hired.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access