1MDB SCANDAL: MALAYSIA FILES CHARGES AGAINST 17 CURRENT, FORMER DIRECTORS AT GOLDMAN SACHS UNITS

The South China Morning Post on 9th August reported that Malaysia has filed criminal charges against 17 current and former directors at subsidiaries of Goldman Sachs Group Inc in a multibillion-dollar corruption investigation at state fund 1MDB.  Goldman Sachs has been under scrutiny for its role in helping to raise US$6.5 billion through bond offerings for 1Malaysia Development Bhd (1MDB), the subject of corruption and money laundering investigations in at least 6 countries.

https://www.scmp.com/print/news/asia/southeast-asia/article/3022118/1mdb-scandal-malaysia-files-charges-against-17-current

This blog is primarily for my own use, to keep informed and up to date. However, if you would like to say thank you (and perhaps help me get a new, better laptop when I am away…) you can “buy me a coffee” at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s