Goldman Sachs agrees to $3.9 billion 1MDB settlement with Malaysia

Goldman Sachs has agreed to pay nearly $3.9 billion to settle legal action over Malaysia's 1MDB scandal. In return, all criminal charges will be dropped. The deal will see Goldman paying $2.5 billion in cash to Malaysia, and returning at least $1.4 billion in assets linked to 1MDB bonds. Prosecutors charged the bank, along with several current and former directors, with allegedly misleading investors. The bank had helped the Malaysian government raise $6.5 billion for the 1MDB fund, pocketing about $600 million in fees.



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[gonebamboo]

And no body goes to jail. How crooked and corrupt is that from the most bankrupt country on earth

[samsym]

#HABIS MALU LA BOOSS KU
Banyak rasuah kasi sapu

[kevintan]

Our Finance ministre is not working hard enough...

[hello-dgfx]

Only east coast malays sapport umno pas..pn....o