Malaysia's Finance Minister Lim Guan Eng. Photo: Reuters

Malaysia says no talks with Goldman Sachs on recovering funds lost in 1MDB scandal

  • Malaysia’s Finance Minister Lim Guan Eng says legal processes continue, after the country filed criminal charges against Goldman Sachs last year
  • Billions of dollars of state funds were lost in the 1MDB scandal
Topic |   Malaysia

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Malaysia's Finance Minister Lim Guan Eng. Photo: Reuters
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Units of the bank face criminal charges of misleading investors when arranging US$6.5 billion of bond sales for state fund 1MDB. Photo: AP

1MDB scandal: Malaysia seeks to move Goldman Sachs case to higher court

  • The order came from the attorney general’s office, which did not specify its reasons, although such a move is usually due to the seriousness of the case
  • Units of the bank face criminal charges of misleading investors when arranging US$6.5 billion of bond sales for state fund 1MDB
Topic |   Malaysia 1MDB scandal

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Units of the bank face criminal charges of misleading investors when arranging US$6.5 billion of bond sales for state fund 1MDB. Photo: AP
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