1MDB bond: Goldman Sachs S'pore to pay US$122m to S'pore govt

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The financial institution will pay the sum for its role in 1MDB bond offerings.

Goldman Sachs Singapore Pte will pay US$122 million to the Singapore government for its role in the 1MDB bond offerings.

This is according to a joint statement by the republic’s Commercial Affairs Department , the Monetary Authority of Singapore , and the Attorney-General’s Chambers issued early this morning. The statement said the CAD has served GSSP a 36-month conditional warning, in consultation with the AGC. Following that, GSSP has committed to, among other things, paying US$122 million to the Singapore government’s Consolidated Fund...

 

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They must thanks to jho low

Its our money that was stolen but they get half a billion ringgit just prosecuting it. A very smart nation we are hehe

All these monies are laid to govts. Not to malaysia.?

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