The New Paper

October 23, 2020

Goldman agrees to settle 1MDB case

Goldman Sachs pled guilty to breaking a US anti-corruption law and agreed to pay $2.9B to settle charges related to the 1MDB scandal. The charges stemmed from the misappropriation of several billion dollars from the Malaysian sovereign wealth fund between 2009 and 2014. 

This story is from the October 23, 2020 edition of The New Paper – a clear, concise daily briefing that makes fact-first news easy to consume. Try it today.