Monday, 27 Jul 2020 01:00 PM MYTSubang MP Wong Chen speaks to the media at the second meeting for the Third Term of the Fourteenth Parliament 2020, July 27, 2020. — Picture by Hari Anggara
“In that context, a settlement with Goldman Sachs touted at US$3.9 billion is not a final solution. The two sides reportedly said the deal includes a US$2.5 billion cash payout by Goldman and a guarantee by the bank to return at least US$1.4 billion in assets linked to the bonds. “Without full disclosure to the above questions, Malaysians cannot properly assess the true value of the compensation.
“The government must make sure that they don’t get away with criminal charges as this is a criminal case. Goldman Sachs has consistently denied wrongdoing, saying that certain members of the former Malaysian government and 1MDB lied to it about how proceeds from the bond sales would be used. The units of Goldman Sachs pleaded not guilty to the charges.
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: malaymail - 🏆 1. / 86 Read more »