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Abu Dhabi state investor Mubadala halts business with Goldman Sachs amid 1MDB lawsuit | Malay Mail

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Abu Dhabi state investor Mubadala halts business with Goldman Sachs amid 1MDB lawsuit

14 March 2019

“We have suspended any activities with Goldman Sachs pending outcome of the litigation,” Brian Lott, spokesman of Mubadala Investment Co, said in response to questions from Reuters. Over the last few years, New York-based Goldman has ranked among the top banks for takeover advice in Abu Dhabi, the oil-rich capital of the United Arab Emirates.

 

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Mubadala halts business with Goldman Sachs amid 1MDB lawsuitThe Abu Dhabi state investor says the only exceptions are engagements signed prior to the lawsuit which will continue 'as per contractual terms'.
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