Did KPMG receive any siphoned 1MDB funds, beyond audit fees?

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KPMG Did Not Receive Any Siphoned 1MDB Funds Beyond Audit Fees

KPMG managing partner Datuk Johan Idris testified that the audit firm did not receive any funds siphoned from 1Malaysia Development Berhad (1MDB) beyond the audit fees it was paid. He confirmed this under questioning regarding the financial years 2010, 2011, and 2012, asserting that KPMG obtained "not a penny" of the misappropriated monies.
Confirmation of No Receipt of Siphoned Funds

During his testimony, Johan Idris was directly asked by lead prosecutor Datuk Seri Gopal Sri Ram whether KPMG had received any share of the monies siphoned from 1MDB, apart from their legitimate audit fees for professional services rendered. Idris unequivocally responded in the negative, stating, "None," and further clarified, "Not a penny." This statement directly addressed the period from 2010 to 2012, a timeframe previously raised by the defence, which had suggested KPMG acted in concert with 1MDB management to facilitate the siphoning of funds.
Denial of Collusion with 1MDB Management

Johan Idris also firmly disagreed with suggestions that KPMG had acted systematically with 1MDB management by turning a blind eye to ambiguous transactions, thereby allowing for the misappropriation of 1MDB monies. He maintained that KPMG had always conducted its audits properly. This assertion countered claims that the audit firm was complicit in the alleged financial improprieties.
Lack of Personal Knowledge of Fund Diversion

Furthermore, when questioned about personal knowledge of large sums of 1MDB money allegedly being siphoned into Najib Razak's account, Johan Idris stated that he did not possess such personal knowledge. His testimony focused on the audit process and the firm's dealings with 1MDB, rather than specific knowledge of fund diversion to individual accounts.

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Did KPMG receive any siphoned 1MDB funds, beyond audit fees?

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