KUALA LUMPUR : 1MDB Energy (Langat) Ltd (1MELL) — a subsidiary of 1Malaysia Development Bhd (1MDB) — saw four tranches … More
Tag: Goldman Sachs
.JPG?resize=560%2C9999&ssl=1 "Lawyer for ex-Goldman Malaysia exec Roger Ng claims US withheld evidence in 1MDB case")
Lawyer for ex-Goldman Malaysia exec Roger Ng claims US withheld evidence in 1MDB case
NEW YORK, Dec 11 : A lawyer for a former Goldman Sachs banker charged with involvement in the looting of … More
.jpg?resize=560%2C9999&ssl=1 "Najib seeks to depose Goldman Sachs, ex-banker Tim Leissner in 1MDB defence")
Najib seeks to depose Goldman Sachs, ex-banker Tim Leissner in 1MDB defence
KUALA LUMPUR : Former Malaysian prime minister Datuk Seri Najib Razak asked a US court on Tuesday for permission to … More
Malaysia’s 1MDB state fund still US$7.8 billion in debt: Government report
KUALA LUMPUR: 1Malaysia Development Berhad (1MDB), the state fund at the centre of a massive corruption scandal, still had an … More
Goldman Sachs U.S. settlement over Malaysia 1MDB scandal to lift dark cloud
WASHINGTON (Reuters) : Goldman Sachs Group Inc this week will agree to pay more than $2 billion to settle U.S. … More
Low sale price of 1MDB-linked penthouse in New York justifies Goldman deal
KUALA LUMPUR : A Malaysian official has pointed to the below market price sale of 1MDB-linked Walker Tower penthouse in … More
.JPG?resize=560%2C9999&ssl=1 "Despite dropping Goldman Sachs’ 1MDB-linked charges, prosecution says will continue with ex-banker Roger Ng’s case")
Despite dropping Goldman Sachs’ 1MDB-linked charges, prosecution says will continue with ex-banker Roger Ng’s case
KUALA LUMPUR : The prosecution today said it intends to proceed with its criminal case against former Goldman Sachs banker … More
Goldman’s 1MDB Charges Dropped by Malaysia After Settlement
Goldman Sachs made $2.5 billion payment to Malaysia last week Bank is in separate discussions with U.S. authorities on 1MDB … More
Source: Goldman made first payment from US$2.5b cash settlement to escape 1MDB charges in Malaysia
KUALA LUMPUR : Malaysia has received part of the US$2.5 billion that US investment bank Goldman Sachs agreed to pay … More
Goldman completes deal with Malaysia to end complaint over 1MDB
KUALA LUMPUR : Goldman Sachs Group Inc. and Malaysia signed an agreement to finalize the bank’s $3.9 billion settlement over … More
Inside Goldman’s Five-Day Race to Seal a 1MDB Deal With Malaysia
As negotiators from Goldman Sachs Group Inc. and the Malaysian government gathered at the Mandarin Oriental hotel in Kuala Lumpur last week, … More
Setting the record straight on Goldman’s 1MDB settlement
DESPITE multiple requests from the media, I refrained from commenting on the merits of the settlement that the Government of … More
Goldman Sachs has agreed to record US$3.9b settlement with Malaysia over 1MDB
KUALA LUMPUR : The Ministry of Finance has announced that Goldman Sachs has agreed to a record US$3.9 billion (RM16.6 … More
Malaysia and Goldman Sachs restart talks in last-ditch bid to reach 1MDB settlement
KUALA LUMPUR – The Malaysian government and international banking giant Goldman Sachs will resume talks this week in Kuala Lumpur … More
Malaysian court grants temporary freeze on $340 million 1MDB money in UK
(Reuters) – A Malaysian court on Thursday granted an interim order to stop Saudi energy firm PetroSaudi International (PSI) from … More
.jpg?resize=560%2C9999&ssl=1 "Ex-1MDB CEO says Jho Low’s name kept under wraps to protect Najib, denies plot for kickbacks from Goldman Sachs")
Ex-1MDB CEO says Jho Low’s name kept under wraps to protect Najib, denies plot for kickbacks from Goldman Sachs
Documents shown in court today showed that Shahrol had on February 7, 2012 indicated his acknowledgment on an appointment letter for Goldman Sachs to act as 1MDB’s financial adviser for the Tanjong Energy acquisition bid, a day before the 1MDB board meeting where they were informed of this and subsequently gave their approval.
Goldman Sachs Is Said to Try to Avoid Pleading Guilty in 1MDB Scandal
The bank has sought to pay a lower fine and avoid a guilty plea, according to the people, who spoke on condition of anonymity because the talks are continuing.
Exclusive: Malaysia – Even US$3 billion not enough to settle 1MDB case with Goldman
Malaysia’s new government would not be willing to accept even compensation of US$3 billion from Goldman Sachs in a settlement over the 1MDB scandal, the finance minister told Reuters, ruling out a figure that is far higher than the bank offered last year.
