SC completed investigation on Goldman Sachs, received US$3.9bil 1MDB settlement


KUALA LUMPUR: The Securities Commission Malaysia (SC) has completed its investigation on Goldman Sachs International, Goldman Sachs (Asia) L.L.C. and Goldman Sachs (Singapore) Pte for engaging in a scheme to defraud the government and 1Malaysia Development Bhd (1MDB) through the issuance of three bonds.

The bond issuances are US$1.75 billion 5.99 per cent Guaranteed Notes due in 2022 issued by 1MDB Energy Ltd; US$1.75 billion 5.75 per cent Guaranteed Notes due in 2022 issued by 1MDB Energy (Langat) Ltd; and US$3 billion 4.40 per cent Notes due in 2023 issued by 1MDB Global Investments Ltd.

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