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Tag: Malaysia

Posted on October 22, 2020

Goldman Sachs subsidiary pleads guilty to role in $2.6 billion embezzlement in Malaysia

A subsidiary of Goldman Sachs pleaded guilty on Thursday for its role in a scandal involving the embezzlement of billions of dollars from a Malaysian government investment fund known as 1MDB. The …

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Posted on October 22, 2020

Goldman Sachs to pay nearly $3 billion to settle charges over 1MDB scandal role

Goldman Sachs on Thursday agreed to pay nearly $3 billion to settle a probe into its role in Malaysia’s 1MDB corruption scandal, and its Malaysia unit agreed to plead guilty to violating foreign …

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Posted on October 22, 2020

Biggest party in Malaysia’s ruling alliance backs PM Muhyiddin amid turmoil

The biggest party in Malaysia’s ruling alliance on Wednesday pledged its support for Prime Minister Muhyiddin Yassin, a boost for the premier as he faces a leadership challenge. The United Malays Nati …

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Posted on October 22, 2020

Hong Kong Fines Goldman Unit $350 Million Over 1MDB

Hong Kong’s markets watchdog has fined Goldman Sachs (Asia) L.L.C. $350 million for its role in Malaysia’s 1MDB scandal. The Securities and Futures Commission said the Goldman Sachs unit had made …

( read original story …)



Posted on October 22, 2020

Hong Kong Fines Goldman Unit $350 Million Over 1MDB

Hong Kong’s markets watchdog has fined Goldman Sachs (Asia) L.L.C. $350 million for its role in Malaysia’s 1MDB scandal. The Securities and Futures Commission said the Goldman Sachs unit had made …

( read original story …)



Posted on October 22, 2020

Goldman Fined $350 Million by Hong Kong Over 1MDB Scandal

Goldman Sachs Group Inc.’s Asian unit was fined $350 million by Hong Kong’s financial regulator over its role in Malaysia’s 1MDB investment-fund scandal.

( read original story …)



Posted on October 22, 2020

Goldman Fined $350 Million by Hong Kong Over 1MDB Scandal

Goldman Sachs Group Inc.’s Asian unit was fined $350 million by Hong Kong’s financial regulator over its role in Malaysia’s 1MDB investment-fund scandal.

( read original story …)



Posted on October 22, 2020

Dark Fiber Market in Malaysia | Impact of COVID-19 and Market Forecast | Technavio

The dark fiber market in Malaysia is set to grow by USD 95.16 million accelerating at a CAGR of over 11%, during the period spanning over 2020-2024. One of the key factors driving growth is the …

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Posted on October 22, 2020

Hong Kong fines Goldman Sachs Asia $350 million over 1MDB

Hong Kong’s markets watchdog on Thursday fined Goldman Sachs’s Asian business $350 million for its role in Malaysia’s 1MDB scandal, the largest single fine ever levied by the regu …

( read original story …)



Posted on October 22, 2020

Hong Kong fines Goldman Asia record $350m over 1MDB

Hong Kong’s securities regulator has fined Goldman Sachs’s Asia business a record $350m for serious deficiencies in risk compliance and money laundering controls in relation to Malaysia’s 1MDB. The …

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