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Malaysia in transition

Malaysia's finance ministry picks PwC to audit 1MDB

KUALA LUMPUR (Reuters) -- Malaysia's newly appointed finance minister said on Wednesday that he has asked for PricewaterhouseCoopers (PwC) to appointed for a review and audit of scandal-hit state fund 1Malaysia Development Berhad (1MDB).

The choice of auditing firm was given by Lim Guan Eng in a statement issued after he met with some 1MDB directors and the fund's president, Arul Kanda.

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