Malaysia seeks RM31.3bil in reparations from Goldman Sachs


  • Nation
  • Friday, 21 Dec 2018

– Reuters

KUALA LUMPUR (Reuters): Malaysia is seeking US$7.5bil (RM31.3bil) in reparations from Goldman Sachs Group Inc over its dealings with scandal-linked state fund 1MDB, the Financial Times reported on Friday, citing Finance Minister Lim Guan Eng (pic).

Separately, Bloomberg reported that Singapore has expanded its criminal investigation of 1MDB to include Goldman Sachs, in a sign of increasing scrutiny on the bank's role in the suspected multi-billion-dollar money-laundering scheme.

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