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In response to Malaysia fining Deloitte for their role in 1MDB scandal:
“The epic 1MDB scandal wouldn’t have been possible without endemic failures from lawyers, accountants and bankers. It’s great to see some of those responsible held to account, but the scale of this fine is hardly going to have a deterrent effect“ said Ava Lee, Senior Anti-Corruption Campaigner at Global Witness
“If we don’t want the global financial system to facilitate catastrophic corruption, penalties for gatekeepers must be serious enough to make them think twice about handling dirty cash“
