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Oct 22, 2020 · Goldman Sachs has agreed to pay nearly $3bn (£2.3bn) to end a probe of its role in the 1MDB corruption scandal. The bank's Malaysian subsidiary also admitted in US court that it had paid more...
May 14, 2019 · It was quickly seen as part of Goldman’s “scorched-earth tactics” and “ a well-orchestrated campaign by Goldman Sachs to discredit one of its former partners and to minimize the Wall Street bank’s role in the looting of [1MDB].”. The “we was wronged by a rogue employee” is a common defense.
Apr 8, 2022 · The former head of Goldman Sachs in Malaysia has been convicted for helping to orchestrate one of the world's biggest financial corruption scandals. A US jury found Roger Ng guilty on all charges...
May 6, 2024 · A U.S. judge on Monday formally ended the U.S. government's criminal case against Goldman Sachs related to the Wall Street bank's work for the Malaysian fund 1MDB after it met its obligations and...
Jul 24, 2020 · Goldman Sachs has reached a $3.9bn (£3bn) settlement with the Malaysian government for its role in the multi-billion-dollar 1MDB corruption scheme. The deal resolves charges in Malaysia that...
Oct 22, 2020 · “Goldman Sachs today accepted responsibility for its role in a conspiracy to bribe high-ranking foreign officials to obtain lucrative underwriting and other business relating to 1MDB,” said Acting Assistant Attorney General Brian C. Rabbitt of the Justice Department’s Criminal Division.
Oct 12, 2023 · Goldman Sachs Group has sued Malaysia in a British arbitration court, as tensions escalate over a settlement agreement on the bank's role in the massive 1MDB corruption scandal.
