Auditors are meant to be independent, but Tan offered for Deloitte to help 1MDB with its media relations. With barely any business, and encumbered by huge borrowings, the only way for 1MDB to avoid a financial loss was to again revalue its land portfolio and book the profits, as it had done in 2010. In this way, 1MDB was hoping to show a $260 million profit. Tan was not only supportive of this accounting, he also offered to explain it publicly to help deflect any negative media stories. Deloitte had been so helpful, in fact, that Tan asked whether his firm would be selected to audit 1MDB’s
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