Goldman Sachs executives in Malaysia to discuss 1MDB - finance minister

ReutersPublished: Jul 20, 2020 4:41 AM | Updated: Jul 20, 2020 8:28 AM

Executives from US investment bank Goldman Sachs would resume negotiations with the Malaysian government this week over the recovery of assets lost in the scandal at sovereign fund 1MDB, Finance Minister Tengku Zafrul Abdul Aziz said today.

Last month, Tengku Zafrul said even compensation of US$3 billion would be unacceptable, and that Malaysia would pursue its legal case against Goldman Sachs until an acceptable settlement was offered...

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