PETALING JAYA (Bloomberg): Malaysia’s leader-in-waiting said it would be "inexcusable" if Goldman Sachs Group Inc. were complicit in the scandal surrounding state investment company 1Malaysia Development Bhd., calling it a failure of governance by financial institutions.
There are ongoing discussions about recovering money from financial institutions including Goldman, Datuk Seri Anwar Ibrahim said in an interview with Bloomberg Television at the New Economy Forum in Singapore. He is expected to replace 93-year-old Mahathir Mohamad as prime minister in a year or two.
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