Free Trial

Goldman Sachs’s 1MDB Criminal Charges Dropped By Malaysia Court (BBG)

ASIA

Malaysia has dropped criminal charges against Goldman Sachs Group Inc. units, a key step in the $3.9 billion settlement agreement that allows the bank to move on from the 1MDB scandal. The move marks progress in Goldman Sachs's efforts to resolve its worst scandal since the financial crisis as it grapples with separate discussions with the U.S. Department of Justice for a settlement over 1MDB.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.