Goldman Sachs criminal case over 1MDB formally ends in New York


  • World
  • Tuesday, 07 May 2024

NEW YORK (Reuters): A US judge on Monday (May 6) formally ended the US government's criminal case against Goldman Sachs related to the Wall Street bank's work for the Malaysian fund 1MDB after it met its obligations and paid US$2.9bil (RM13.7bil) in penalties.

Chief Judge Margo Brodie of the federal court in Brooklyn dismissed a bribery conspiracy charge against Goldman, after the bank successfully completed a three-year deferred prosecution agreement that expired in October.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

In Nigeria, anguish turns to anger for parents of kidnapped children
Video shows final, confused moments of survivors of U.S. boat strike in Caribbean, say sources
Deadly Sumatra flooding triggers memories of Indian Ocean tsunami
German parliament vote on pensions tests Merz's authority
Oprah Winfrey praises Australia's social media ban for children
Harvard professor arrested by US immigration agents after firing pellet gun near synagogue
US widens travel ban to more than 30 countries, Noem says
Somalis arrested in Minneapolis immigration operation, officials say
Honduras presidential candidate Nasralla says Trump’s interference damaged his election chances
Putin and Modi discuss trade, peace in New Delhi summit

Others Also Read