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Abu Dhabi state investor Mubadala halts business with Goldman Sachs amid 1MDB lawsuit


  • World
  • Friday, 15 Mar 2019

DUBAI/ABU DHABI (Reuters): Abu Dhabi state investor Mubadala has suspended new business dealings with Goldman Sachs since its subsidiary filed a lawsuit in November against the US bank and others to recover losses suffered through its dealings with Malaysian state fund 1MDB.

"We have suspended any activities with Goldman Sachs pending outcome of the litigation," Brian Lott, spokesman of Mubadala Investment Co, said in response to questions from Reuters.

   

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