Malaysia may seek return of almost RM2.4bil in Goldman Sachs' 1MDB fees


  • Nation
  • Friday, 08 Jun 2018

Reuters

KUALA LUMPUR: Malaysia is considering asking the U.S. Department of Justice (DoJ) to get Goldman Sachs to return nearly US$600mil (RM2.389bil) in fees it earned from bonds raised for scandal-tainted 1Malaysia Development Berhad (1MDB), two sources familiar with the matter said on Friday.

Malaysia is scrambling to bring home billions of dollars allegedly siphoned off from 1MDB, a state fund founded by ex-premier Datuk Seri Najib Tun Razak, who lost a general election last month.

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