Govt expresses commitment to recovering 1MDB assets, says Finance Minister

  • 📰 staronline
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 75%

United States News News

United States United States Latest News,United States United States Headlines

PETALING JAYA: The government has expressed its commitment to recovering the 1Malaysia Development Berhad (1MDB) assets and is having discussions with Goldman Sachs this week on the matter, says the Ministry of Finance.

Its minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said that senior representatives from Goldman Sachs had flown into Malaysia this week to “continue discussions and negotiations with the government”.

“We hope these discussions will prove to be fruitful and will enable us to move closer towards achieving the desired results on the recovery of the 1MDB assets, ” he said in a statement on Monday .

 

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:

 /  🏆 4. in US

United States United States Latest News, United States United States Headlines

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

Govt is committed to recovery of 1MDB assets, says finance minister | Malay MailKUALA LUMPUR, July 20 —  The effective recovery of 1Malaysia Development Bhd’s (1MDB) assets remains a key priority for the Malaysian government, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz. He said the government has proactively taken action across multiple countries and...
Source: malaymail - 🏆 1. / 86 Read more »

Recovering 1MDB assets still govt's priority, says finance ministerTengku Zafrul Aziz's assurances comes as senior representatives from Goldman Sachs fly to Malaysia to continue discussions with Putrajaya. FMTNews 1MDB
Source: fmtoday - 🏆 5. / 72 Read more »

Goldman Sachs executives in Malaysia to discuss 1MDB - finance ministerHe says executives from the US investment bank arrived this week to continue discussions and negotiations with the government.
Source: malaysiakini - 🏆 20. / 51 Read more »