News about Goldman Sachs

KUALA LUMPUR (Nov 12): 1Malaysia Development Bhd’s former CFO Azmi Tahir told the court on Thursday (Nov 11) that he could not question decisions to transfer US$3 billion of 1MDB funds to third parties, as these instructions came from the office of then prime minister Datuk Seri Najib Abdul Razak.

KUALA LUMPUR (Nov 8): The High Court has decided in favour of Roger Ng Chong Hwa and his wife Lim Hwee Bin in the forfeiture action by the government, as the prosecutor did not provide any proof how several bank accounts of the respondents were related to or used for the commission of unlawful activities.

KUALA LUMPUR (July 12): Former premier Datuk Seri Najib Razak has failed in his bid to obtain a court order to compel the prosecution to supply him with documents relating to Goldman Sachs in his 1Malaysia Development Bhd (1MDB)-Tanore criminal trial.

KUALA LUMPUR (April 23): The interim injunction order stopping former UMNO Supreme Council member Datuk Seri Lokman Noor Adam (pictured) from issuing defamatory statements against 1Malaysia Development Bhd (1MDB) lawyer Rosli Dahlan was yesterday extended to June 3.

KUALA LUMPUR (April 16): The High Court has fixed May 31 to hear former premier Datuk Seri Najib Razak's application to compel the prosecution to supply documents in relation to his discovery application on Goldman Sachs-related matters and items in his 1Malaysia Development Bhd-Tanore trial.

KUALA LUMPUR (April 15): US senators Elizabeth Warren and Tina Smith have urged the Department of Labor to reconsider plans to exempt The Goldman Sachs Group Inc from penalties for its role in the 1Malaysia Development Bhd (1MDB) scandal that would have forfeited Goldman's rights to manage US workers’ retirement assets, according to a report by Pensions & Investments, which cited the senators' letter to the department’s Employee Benefits Security Administration (EBSA).

KUALA LUMPUR (April 1): There is no proof to show that money in Goldman Sachs' ex-banker Roger Ng and his wife’s bank accounts is proceeds of illegal activities linked to 1Malaysia Development Bhd (1MDB), Ng’s lawyer told the High Court here today.

KUALA LUMPUR (Feb 25): All four charges against former Goldman Sachs banker Roger Ng will be tried together before High Court judge Datuk Muhammad Jamil Hussin, a prosecutor said.

KUALA LUMPUR (Jan 6): Former 1Malaysia Development Bhd (1MDB) CEO Mohd Hazem Abdul Rahman (pictured) seemed to be non-committal about putting the blame on Goldman Sachs and his predecessor Datuk Shahrol Azral Ibrahim Halmi with regard to the issues surrounding the controversial fund's acquisition of Mastika Lagenda Sdn Bhd.

KUALA LUMPUR (Dec 7): The prosecution from the Securities Commission Malaysia (SC) has applied to the High Court here to transfer former Goldman Sachs banker Roger Ng's Capital Market and Services Act alleged offences case before another High Court judge who is also hearing similar charges.