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

1MDB verdict: High Court convicts Najib on all 25 charges in RM2.3bil case
1MDB probe a fulfilment of MACC's duty to the country, says Azam
MPS praises govt's initiative to resolve contract pharmacists issue
Cops still trying to trace family of woman who lived at KLIA for a year
Explosions in Nilai: Suspect had knowledge, skills in making explosives, say cops
Factory operator jailed for threatening to kill his mum
1MDB verdict: Najib found guilty on all charges (Live blog)
Several Kelantan districts at risk of flooding until Dec 30
Floods: Several Kuala Terengganu roads closed
More rubbish bins needed in public areas to solve littering issue

Others Also Read