PETALING JAYA (Bloomberg): Goldman Sachs Group Inc took the unusual step of suing Malaysia in a United Kingdom court amid festering disagreement over a settlement tied to its role in the 1MDB investment-fund scandal.
"We filed for arbitration against the Government of Malaysia for violating its obligations to appropriately credit assets against the guarantee provided by Goldman Sachs in our settlement agreement and to recover other assets,” a spokesman for the New York-based bank said in an emailed statement.
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