Thursday, 17 Oct 2019 04:06 PM MYT
KUALA LUMPUR, Oct 17 — Malaysia is open to more talks with Goldman Sachs after having two rounds of discussions to drop criminal charges against three units of the bank over the 1MDB scandal, the country’s top prosecutor told theMalaysian and US investigators say about US$4.5 billion was misappropriated from the now-defunct state investment fund 1Malaysia Development Berhad, set up in 2009 by former prime minister Datuk Seri Najib Razak.
“A lot of cases are even settled even after the trial begins,” he said. “So the doors for discussion are still open while the prosecution readies the criminal case.”No date has been set for the criminal trial yet. A Goldman spokesman declined to comment. The bank said on Tuesday it was in discussions with governmental and regulatory authorities on the possibility of a resolution of investigations relating to 1MDB.
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