New York-based Goldman Sachs made billions helping 1MDB with its bond issuance. – EPA pic, August 2, 2020.
LIM Guan Eng has questioned the rationale of dropping all criminal charges against Goldman Sachs in exchange for a settlement, which was a third of the US$7.5 billion demanded by Pakatan Harapan. The former finance minister said the decision to forgo the initial US$7.5 billion claim with a settlement of US$ 3.9 billion ignores the debt burden of 1Malaysia Development Bhd.
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