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Goldman Sachs Faces Potential Lawsuits As Malaysia's PM Targets 1MDB Settlement - Goldman Sachs Gr (NYSE:GS)

Summary by Ground News
Malaysia's Prime Minister, Anwar Ibrahim, is adamant about retrieving the funds Malaysians are due from the infamous 1MDB money laundering scandal. He suggested that renegotiating the settlement was necessary and did not rule out initiating legal proceedings. In July 2020, Goldman Sachs reached an agreement to repay $3.9 billion to Malaysia in exchange for the withdrawal of criminal charges.

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Goldman Sachs Faces Potential Lawsuits As Malaysia's PM Targets 1MDB Settlement - Goldman Sachs Gr (NYSE:GS)

·New York, United States
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CNBCCNBC
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Malaysia PM vows to recover Goldman Sachs 1MDB settlement, warns of possible lawsuits

Goldman Sachs bankers were accused of helping a Malaysian financier plunder billions of dollars from the 1Malaysia Development Berhad sovereign wealth fund.

·United States
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CNBC broke the news in United States on Monday, August 21, 2023.
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