M’sia may ask DoJ to get RM2.4bil from US bank


KUALA LUMPUR: Malaysia is considering asking the US Department of Justice (DoJ) to get Goldman Sachs to return nearly US$600mil (RM2.38bil) in fees it earned from bonds raised for scandal-tainted 1Malaysia Develop­ment Bhd (1MDB), two sources familiar with the matter said.

Malaysian authorities want to ask the DoJ, which is pursuing a corruption and money laundering probe at 1MDB, to get Goldman to disgorge profits it made from the sale, after which Malaysia would claim the money, both sources said.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , DOJ , 1MDB

Next In Nation

Bung's son named as BN's Kinabatangan candidate
PM welcomes IMF's latest assessment of Malaysia’s economic performance
LHDN: RM17bil tax refund processed, remaining RM2bil to be disbursed by end of Dec
Pahang Sultan, Tengku Ampuan treat Kuantan flood victims to meals made by palace chefs
Preschool curriculum in 2026 to focus on reading practices, says Education Minister
Govt urged not to slash allowance of medical officers transferred to Sabah, Sarawak
Dead woman's body too decomposed to determine cause of death, say Negri cops
Melaka police detain 15 foreigners over human trafficking
Perak's single-use plastic ban postponed to March 1, 2026
Media must use AI to drive efficiency

Others Also Read