Posted inAT Finance, Malaysia

Goldman’s 1MDB troubles grow deep and wide

Goldman Sachs is under potentially punitive new legal pressure after Malaysian prosecutors filed criminal charges against 17 of its current and ex-executives, raising the stakes and new questions of institutional culpability in the multibillion dollar 1Malaysia Development Berhad (1MDB) corruption and money-laundering scandal. Malaysian Attorney General Tommy Thomas said last week that custodial sentences and […]