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Goldman’s Woes Mount as Malaysia Slaps First Criminal Charge
Malaysia is demanding Goldman Sachs Group Inc. bear the brunt of the 1MDB scandal, opening up another legal front for the Wall Street firm over its role raising money for the investment fund.
- By Anisah Shukry and Sridhar Natarajan
The country filed the first criminal charges against the U.S. bank in the global corruption probe on Monday, after publicly urging Goldman to come to the negotiating table or face litigation.
The firm already is in the thick of investigations by U.S. prosecutors and regulators over Goldman’s conduct in the…
Malaysian authorities allege that Goldman misled investors when the bank knew that proceeds from 1MDB bond sales it…