Men walk past a 1MDB billboard at the Tun Razak Exchange in Kuala Lumpur on Mar 1, 2015. Goldman Sachs is suing Malaysia in a UK court, a source familiar with the matter told Reuters, as tensions escalate over a settlement linked to its role in the 1MDB investment-fund scandal.
Malaysian and US authorities estimated US$4.5 billion was stolen from 1MDB in an elaborate scheme that spanned the globe and implicated high-level officials in the fund, former Malaysian prime minister Najib Razak, Goldman staff and others.
Source: News Formal (newsformal.com)
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