Finance minister says govt to pursue criminal case against Goldman Sachs, court hearing likely mid 2020 | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 86%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Finance minister says govt to pursue criminal case against Goldman Sachs, court hearing likely mid 2020

Finance Minister Lim Guan Eng arrives for the LIFT festival in Putrajaya December 12, 2019. — Picture by Shafwan Zaidon

The finance minister added that Putrajaya wants to recover losses estimated at US$7.5 billion and has no intention to wait for a settlement out of court with Goldman Sachs. “This is in response to the losses that we experienced from the 1MDB scandal from Goldman Sachs only,” he added.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Aramco IPO to help Saudi economic shift from oil, says finance minister | Malay MailRIYADH, Dec 11 — Saudi Aramco’s listing will boost the kingdom’s efforts to diversify from oil as the bulk of proceeds will be injected in domestic projects, while the global buzz surrounding the deal will help lure foreign capital, the finance minister said. Aramco’s shares surged the...
Source: malaymail - 🏆 1. / 86 Read more »