SoylentNews
SoylentNews is people
https://soylentnews.org/

Title    Goldman Sachs CEO Apologizes to Malaysia
Date    Thursday January 17 2019, @03:43AM
Author    chromas
Topic   
from the https://www.youtube.com/watch?v=15HTd4Um1m4 dept.
https://soylentnews.org/article.pl?sid=19/01/17/0342244

takyon writes:

Goldman boss apologises for 1MDB scandal

Goldman Sachs new boss has apologised to Malaysia for the role an ex-partner played in the corruption scandal at one of the country's wealth funds.

However, chief executive David Solomon also distanced the bank from the scheme, which saw billions embezzled from the state development fund, 1MDB. He said Goldman, which had helped to raise money for the fund, had been deceived about details of the deals.

Malaysia filed criminal charges against Goldman last month. It accused the investment bank of helping to misappropriate money intended for the fund. The US and other countries are also investigating its role.

Explainer: 1Malaysia Development Berhad scandal.

Also at CNN.

Original Submission

Links
  1. "takyon" - https://soylentnews.org/~takyon/
  2. "Goldman boss apologises for 1MDB scandal" - https://www.bbc.com/news/business-46896849
  3. "Malaysia filed criminal charges" - https://www.bbc.com/news/business-46590176
  4. "1Malaysia Development Berhad scandal" - https://en.wikipedia.org/wiki/1Malaysia_Development_Berhad_scandal
  5. "CNN" - https://www.cnn.com/2019/01/16/business/goldman-sachs-1mdb-david-solomon/index.html
  6. "Original Submission" - https://soylentnews.org/submit.pl?op=viewsub&subid=31194
© Copyright 2024 - SoylentNews, All Rights Reserved

printed from SoylentNews, Goldman Sachs CEO Apologizes to Malaysia on 2024-05-16 15:29:17