Posted inAT Finance, Malaysia, Middle East, South Asia, World

Malaysia will seek $4.5 bn in damages from Goldman Sachs

Malaysia’s Attorney General Tommy Thomas is preparing a civil suit against US investment bank Goldman Sachs that will seek US$4.5 billion in damages for the US bank’s role in raising funds that were later misappropriated from the 1Malaysia Development Berhad (1MDB) fund, official sources familiar with the preparations told Asia Times. The legal action, soon […]