1MDB
In 1MDB trial, ex-Goldman exec Tim Leissner’s testimony challenged: ‘I was trying to protect myself’
Lawyers for defendant Roger Ng look to cast doubt on account of former Goldman colleague Leissner
3 min read
Ex-Goldman Sachs partner spells out scheme to bribe officials at 1MDB trial
Timothy Leissner said he conspired with former banker Roger Ng to bribe government officials, launder billions of dollars to win lucrative deals
4 min read
Lawyers paint contrasting picture of ex-Goldman banker on first day of 1MDB fraud trial
Marc Agnifilo, a lawyer for Roger Ng, said his client was innocent and pinned the blame on Ng’s boss, former Goldman partner Timothy Leissner
4 min read
Deloitte agrees to pay Malaysia $80m to settle 1MDB claims
Deloitte audited fraud-hit Malaysian state fund 1MDB between 2011 and 2014
2 min read
Goldman chief David Solomon’s pay slashed by $10m in wake of 1MDB scandal
The 36% pay cut was part of the investment bank’s pledge to punish executives close to the 1MDB affair
2 min read
From tax evasion to terrorism: These are the 10 biggest bank fines of 2020
Global banks paid out billions of dollars in fines in 2020
5 min read
Gary Cohn’s donating to Goldman Sachs’ charities instead of handing cash back for 1MDB clawback
The development is the latest twist in the back-and-forth between the bank and its former president
2 min read
Gary Cohn 1MDB bonus scuffle shows pitfalls of ‘Government Sachs’
Goldman wants the former NEC director to return $10m of the $284m that he pocketed in 2017
2 min read
Ex-Goldman Sachs executive Gary Cohn refuses to give up $10m for 1MDB repayments
Cohn's future bonuses were paid out when he joined the Trump administration in 2017
2 min read
Goldman’s London arm fined £97m for 1MDB work
Banks agrees co-ordinated deal with regulators to pay fines totalling $2.9bn
Goldman to settle US Justice Department’s Malaysia probe for more than $2bn
Bank could end up paying around $5bn for role in 1MDB scandal
Malaysia abandons Goldman Sachs criminal charges over 1MDB
The Wall Street bank in July agreed to pay Malaysia $2.5bn and guaranteed the recovery of $1.4bn in assets allegedly stolen from the government investment fund
Goldman Sachs restates Q2 earnings due to $2bn bill for 1MDB settlement
The US bank filed a revised second-quarter earnings document with the Securities and Exchange Commission on 7 August in which it detailed the extra legal costs
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Former Malaysian prime minister found guilty in 1MDB case
The verdict on 28 July is the first in a string of cases against Najib over allegations he received hundreds of millions of dollars from a state investment fund called 1Malaysia Development, or 1MDB, which he launched in 2009
2 min read
