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Malaysia files criminal charges against Goldman

Published 12/17/2018, 03:37 AM
© Reuters.  Malaysia files criminal charges against Goldman
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  • Malaysia has filed criminal charges against units of Goldman Sachs (NYSE:GS) involving what it said were false statements made in relation to 1MDB scandal.
  • The government will seek fines well in excess of both the $2.7B of allegedly misappropriated funds and the $600M in fees received by Goldman for the 1MDB bond sales.
  • The bank will "vigorously defend" against the charges, Goldman spokesman Edward Naylor said in an email.
  • Now read: Looking Through 2019 To The 2020s; 4 Major Themes


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