Anwar tells Goldman Sachs to pay up on 1MDB settlement

Goldman Sachs in 2020 admitted its role in the biggest foreign bribery case in US enforcement history. - Reuters

SINGAPORE (The Straits Times/Asia News Network): Malaysian Prime Minister Anwar Ibrahim demanded that Goldman Sachs Group honour its settlement with the government for its role in the 1Malaysia Development Berhad (1MDB) scandal, saying the Wall Street firm should not use its financial strength to dictate terms.

The abuse of the sovereign state fund was made possible because of “complicity” from institutions such as Goldman Sachs, Datuk Seri Anwar told Bloomberg Television’s Haslinda Amin in his first interview with international media since becoming prime minister.