LGE to Goldman Sachs: Sorry no cure, just pay back US$7.5bil | TheStarTV.com

LGE to Goldman Sachs: Sorry no cure, just pay back US$7.5bil

Published on 18 Jan 2019 5:02:26 PM

Finance Minister Lim Guan Eng said a mere apology from Goldman Sachs over the involvement of its former banker in the scandal riddled 1Malaysia Development Bhd (1MDB) is insufficient.

He said an apology that came with US$7.5bil (RM30.8bil) was what mattered, and if Goldman Sachs followed up its apology with that payment, Malaysia would consider dropping charges against the investment bank.

Read more at https://www.thestar.com.my/news/nation/2019/01/18/lge-to-goldman-sachs-sorry-no-cure-just-pay-back/

Keywords
finance, goldman sachs, investment, lim guan eng, mof, news

Finance Minister Lim Guan Eng said a mere apology from Goldman Sachs over the involvement of its former banker in the scandal riddled 1Malaysia Development Bhd (1MDB) is insufficient.

He said an apology that came with US$7.5bil (RM30.8bil) was what mattered, and if Goldman Sachs followed up its apology with that payment, Malaysia would consider dropping charges against the investment bank.

Read more at https://www.thestar.com.my/news/nation/2019/01/18/lge-to-goldman-sachs-sorry-no-cure-just-pay-back/

Keywords:
finance, goldman sachs, investment, lim guan eng, mof, news

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