Malaysia drops criminal charges against Goldman Sachs over 1MDB bond sales

Topics 1MDB | Goldman Sachs | Malaysia


KUALA LUMPUR (Reuters) - Malaysian prosecutors on Friday withdrew criminal charges against three Goldman Sachs units accused of misleading investors over $6.5 billion in bond sales they helped organise for a state fund, the Bernama state news agency reported. The move comes after Goldman Sachs agreed to pay $3.

9 billion to Malaysia to settle a probe into its alleged role in the scandal involving the fund, 1Malaysia Development Berhad (1MDB), which counts former Malaysian prime minister Najib Razak as one of its co-founders. The U.S......

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