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

Former Perlis PAS assemblyman admits to receiving offers after party membership revoked
Fahmi: Government to roll out social media regulatory sandbox from Jan 1
Customs Dept seizes RM731,000 in contraband cigarettes and liquor in Sibu raid
Two youths die in three-car crash on Senai-Desaru Expressway
Thunderstorms, heavy rain in five states until 11am today
Moderate earthquake hits southern Sumatra, no tsunami threat, says MetMalaysia
Scammer posing as NSRC officer dupes victim into surrendering ATM card
Fire dept: Only use authorised suppliers of EV chargers
Charged with murder of woman in bag
Gerik school marches to memorable win

Others Also Read