MoF: Goldman Sachs reps in Malaysia to discuss 1MDB settlement deal

KUALA LUMPUR (July 20): Senior representatives of Goldman Sachs Group Inc have flown into Malaysia this week to continue its discussions with the Malaysian government on the repatriation of 1Malaysia Development Bhd (1MDB) funds and assets into the country, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.

READ MORE

Najib, Rosmah and Azeez strike out Deepak and brother's suit

KUALA LUMPUR (July 16): The High Court today allowed an application by former prime minister Datuk Seri Najib Razak, his wife Datin Seri Rosmah Mansor (pictured) and Baling Member of Parliament (MP) Datuk Seri Abdul Azeez Abdul Rahim to strike out a multimillion-ringgit suit by carpet businessman Deepak Jaikishian, his brother Rajesh and their company Carpet Raya Sdn Bhd.

READ MORE

Former 1MDB CEO concedes Goldman Sachs misled 1MDB board of directors

KUALA LUMPUR (July 15): In hindsight, former 1Malaysia Development Bhd (1MDB) chief executive officer Datuk Shahrol Azral Ibrahim Halmi (pictured) had conceded that Goldman Sachs' investment banking head in Southeast Asia Tim Leissner and his team had misled the investment fund’s board of directors with regard to the RM10.

READ MORE