Malaysia's finance ministry picks PwC to audit 1MDB

Malaysia's newly appointed finance minister said on Wednesday that he has asked for PricewaterhouseCoopers (PwC) to be 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.