Govt to respond to Goldman Sachs’ move, says Johari

KUALA LUMPUR: The government will respond to Goldman Sachs’ filing for arbitration against Malaysia in the 1Malaysia Development Bhd (1MDB) settlement dispute in accordance with the established legal frameworks while ensuring the interests of Malaysians are safeguarded.

“The 1MDB Taskforce Committee is quite surprised at the conduct of Goldman Sachs, as parties are still in the stage of good faith discussions to resolve any dispute amicably.“However, in light of recent events, the government will be preparing to respond to this matter and ensure this process is done diligently and in accordance with the established legal frameworks while ensuring the interest of the Malaysian people is safeguarded,” said 1MDB Taskforce (asset recovery) chairman Datuk Seri Johari Abdul Ghani in a statement, Bernama reported.