: Before 1MDB, ex-CEO Shahrol Halmi was part of an accounting problem at Accenture Plc,listed on the NYSE
by Ganesh Sahathevan Former 1Malaysia Development Bhd (1MDB) chief executive officer Datuk Shahrol Azral Ibrahim Halmi This story was first published on March 23 2010 and concerned Accenture Plc's consolidated earnings for all periods in which it operated its business in Malaysia. It is now updated with additional information on Shahrol Halmi, former CEO of 1MDB, and prior to that a senior executive at Accenture's Malaysian office. In March 2013 this writer reported: Accenture Plc, a major supplier of accounting and transaction services to the financial services industry worldwide has misstated its interest in its businesses in Malaysia. Consequently Accenture’s reported earnings may well have been overstated. Accenture has consolidated the earnings of the Malaysian incorporated Accenture Sdn Bhd claiming it to be a wholly-owned subsidiary. However the records of the Malaysian Government's Companies Commission reveal that Accenture Malaysia is owned b