Tun Dr Mahathir Mohamad said on his personal blog that Malaysia was entitled to as much as US$9.6 billion from the bank that handled a controversial bond issuance for 1MDB. — Reuters pic
He said on his personal blog that Malaysia was entitled to as much as US$9.6 billion from the bank that handled a controversial bond issuance for 1MDB. “The total amount that should be due is US$9.6 billion. What Goldman Sachs has agreed to pay is US$2.5 billion in cash. US$1.4 billion will be based on the proceeds of the assets now with the Department of Justice of America.
Today, he insisted that the US$1.4 billion also included what was already recovered under the US Justice Department's kleptocracy action on 1MDB, of which US$620 million together with S$50 million have already been returned to Malaysia.