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Tag: Malaysia

Posted on July 25, 2020

Goldman Sachs and Malaysia Reach $3.9 Billion Settlement in 1MDB Scandal

The deal settles charges in Malaysia against the Wall Street bank for its role in helping to raise hundreds of millions for a sovereign wealth fund that was used as a personal piggy bank. By Alexandra …

( read original story …)



Posted on July 24, 2020

Goldman Sachs owes Malaysia nearly $4 billion for sovereign wealth scheme led by ex-prime minister now on trial

Goldman Sachs has reached a $3.9 billion settlement with Malaysia over the 1MDB sovereign wealth fund that was used to launder money.

( read original story …)



Posted on July 24, 2020

Money Stuff: Goldman Does a Malaysia Deal

Disclosure, I used to work at Goldman Sachs Group Inc., and I remain mostly favorably disposed toward the place. Partly for the reasons anyone might be fond of a former employer: I learned a lot there …

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Posted on July 24, 2020

Goldman, Malaysia Reach $3.9 Billion Settlement Over 1MDB

Goldman Sachs Group Inc. has reached a deal that would see Malaysia drop all criminal charges against the bank in exchange for $3.9 billion of reparations for its role in raising money for the …

( read original story …)



Posted on July 24, 2020

Goldman Sachs in $3.9B settlement with Malaysia over 1MDB

Goldman Sachs has reached a $3.9B settlement with Malaysia over the 1MDB sovereign wealth fund that was used to launder money …

( read original story …)



Posted on July 24, 2020

Goldman Sachs to pay $3.9 billion to Malaysia to settle 1MDB dispute

U.S. investment bank Goldman Sachs has reached a $3.9 billion settlement with the Malaysian government over the multibillion-dollar 1MDB scandal, the two sides said on Friday. The deal includes a $2.5 …

( read original story …)



Posted on July 24, 2020

Goldman Sachs settles 1MDB case with Malaysia for $3.9bn

The Malaysian government has agreed to a $3.9bn settlement with Goldman Sachs over losses suffered from a multibillion-dollar scandal at the country’s 1MDB investment fund. The settlement, which was …

( read original story …)



Posted on July 24, 2020

Malaysia and Goldman Sachs Reach $3.9 Billion Settlement Over 1MDB Dispute

Goldman Sachs has reached a $3.9 billion settlement with Malaysia over a long-running dispute related to deals it ran for a state investment fund.

( read original story …)



Posted on July 24, 2020

Malaysia Market Value Close to Overtaking Singapore on Glove Gains

(Bloomberg) — Thanks to the meteoric gain in glove-maker stocks, Malaysia’s equity market capitalization is close to surpassing that of its richer neighbor Singapore.Malaysia’s market value has surge …

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Posted on July 24, 2020

Malaysia Trips Up Filmmakers as it Seeks to Tangle Political Opponents and Stifle Dissent

In a move that could outlaw millions of TikTok users and YouTubers, the Malaysian government says filmmaking of any scale or purpose requires a license. The ruling was announced in parliament on …

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