A Middle Eastern investment giant is suing Goldman Sachs over the 'massive international conspiracy' of the 1MDB scandal

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Abu Dhabi's IPIC filed a lawsuit in New York on Wednesday against Goldman Sachs seeking to recover losses from the 1MDB fund.

 

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Goldman Sachs Ignored 1MDB Warning Signs in Pursuit of Asian BusinessGoldman Sachs Group Inc.’s push for Asian business and lax oversight of partners led the bank to speed past warning signs in its dealings with a corrupt Malaysian investment fund, internal documents and interviews with people involved in the transactions show. Anyone else read that at as IMDb ? You had me at Goldman ignored warning signs 😍😍😍
Source: WSJ - 🏆 98. / 63 Read more »