News

Goldman Sachs helped the fund raise $6.5 billion in 2012 and 2013 through a series of bond sales, $2.5 billion of which authorities say was then diverted to senior officials.
Tim Leissner, the former Goldman Sachs banker who played a central role in the infamous 1MDB scandal, was sentenced Thursday to two years in prison for helping orchestrate one of the largest ...
Goldman Sachs has a 1MDB problem. At least, investors and legal experts think so. The bank’s shares earlier this week had their worst day since November 2011, falling more than 7% Monday and ...
Goldman Sachs Group Inc. said the banker at the heart of a scandal linked to Malaysia’s 1MDB investment fund engaged in “serial lies” and deception about the fraud, days before he is ...
In 2012, officials from 1MDB met with Goldman Sachs in Hong Kong to discuss a bond deal which would eventually lead to mega fees for the bank (and now, potentially, mega fines).
Ex-Goldman Sachs banker is convicted in a plot to loot Malaysian 1MDB fund Roger Ng was convicted in a New York federal court of bribery and other corruption charges accusing him of participating ...
A U.S. judge on Monday formally ended the U.S. government's criminal case against Goldman Sachs related to the Wall Street bank's work for the Malaysian fund 1MDB after it met its obligations and ...
Goldman Sachs had facilitated three bond offerings totaling $6.5 billion for 1MDB between 2012 and 2013 — funds originally intended to bolster Malaysia’s economy.
Under a 2020 deal, Goldman Sachs paid Malaysia $2.5 billion to resolve criminal charges over the 1MDB saga. It also guaranteed it would help recover $1.4 billion in 1MDB assets. including $500 ...
Goldman Sachs has a 1MDB problem. At least, investors and legal experts think so. The bank’s shares earlier this week had their worst day since November 2011, falling more than 7% Monday and ...