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Malaysia to continue pursuing legal action against Goldman Sachs over 1MDB: Finance minister

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PUTRAJAYA: Malaysia will continue pursuing legal action against Goldman Sachs over the 1Malaysia Development Bhd (1MDB) case although the company ...

According to media reports, Goldman Sachs is set to pay between US$1.5 billion and US$2 billion to the US Department of Justice to settle the case.

On Dec 19 last year, the prosecution filed four charges against Goldman Sachs for allegedly leaving out material facts on the sales of bonds between a subsidiary of 1MDB and Aabar Investments PJS.

 

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