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Jun 28, 2024 · Goldman Sachs, which earned nearly US$600 million in fees from the two bond issues in 2012 and 2013, paid US$2.9 billion in penalties and fees to the DOJ in a settlement over its involvement in a ...
Jun 29, 2024 · KUALA LUMPUR, Oct 12 ― 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.
Jun 20, 2024 · The Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) have fined Goldman Sachs International (GSI) a total of £96.6 million (US$126 million) for risk management failures connected to 1Malaysia Development Berhad (1MDB) and its role in three fund raising transactions for 1MDB.
Jun 14, 2024 · The resulting scandal ushered in the first change in Malaysia’s government in six decades, spawned investigations in six countries, and led to the convictions of former Malaysian Prime Minister...
Jun 14, 2024 · The US Justice Department said it returned an additional US$156 million ($210.9 million) in misappropriated 1MDB funds to Malaysia, a month after the Southeast Asian nation sought extra compensation from US authorities.
Jun 14, 2024 · Malaysian and U.S. investigators estimate $4.5 billion was siphoned away from 1MDB following its inception in 2009, implicating former Prime Minister Najib Razak, Goldman Sachs
1 day ago · The agreement is meant to resolve the civil forfeiture case related to his involvement in the 1MDB corruption and embezzlement scandal. These assets are in addition to nearly US$1 billion of 1MDB funds, including a US$120 million superyacht previously forfeited from Jho Low and his family.
