Goldman Sachs fires back after Malaysia charges bank in 1MDB probe


Malaysia on Monday filed criminal charges against Goldman Sachs Group Inc related to its dealings with the sovereign wealth fund 1MDB, and Goldman Sachs fired back that the previous Malaysian government had lied to the bank.

Malaysia authorities charged the bank and two former Goldman employees in connection with an investigation into suspected corruption and money laundering related to the scandal. Attorney General Tommy Thomas said in a statement that it will seek jail terms as well as billions in fines from Goldman Sachs and.....

This article is no longer available in our repository.

There could be multiple reasons for this.