Goldman is seeking to resolve its entanglement with the 1MDB scandal and "get the Malaysian people the money that they deserve, ” the bank’s President and Chief Operating Officer John Waldron said in a Bloomberg Television interview last week.
KUALA LUMPUR: Malaysia is seeking to move the 1MDB-linked case against Goldman Sachs Group Inc. to a higher court.
Authorities will apply to transfer the case to the High Court, from a magistrate court currently, on Oct. 22, prosecutor Aaron Paul Chelliah said Monday. The order came from the Attorney-General’s Chambers, which didn’t specify its reasons, he said, adding that such a move is usually due to the seriousness of the case.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
