Malaysia to review $5.2 billion settlement deal with Goldman Sachs: PM Anwar

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KUALA LUMPUR - The Malaysian government is re-evaluating a $3.9 billion (S$5.2 billion) settlement deal reached between the previous administration and US investment bank Goldman Sachs over the 1MDB financial scandal, state news agency Bernama reported on Monday (April 17). Prime Minister Anwar Ibrahim said on Monday a government taskforce looking into 1MDB issues was scrutinising the 2020 deal with...

The logo for Goldman Sachs is seen on the trading floor at the New York Stock Exchange in New York City, New York, US, on Nov 17, 2021.KUALA LUMPUR - The Malaysian government is re-evaluating a $3.9 billion settlement deal reached between the previous administration and US investment bank Goldman Sachs over the 1MDB financial scandal, state news agency Bernama reported on Monday .

"I agree because from the start, I felt the settlement agreement was done hastily which led to many questions being raised," Anwar was quoted as saying by Bernama.

 

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