MalayMail-July 20

A six-member team of executives and legal counsel from US banking giant Goldman Sachs arrived in Malaysia on Saturday to meet Malaysian authorities, Singapore’s Straits Times reported. The report said the team is in the final stages of sorting out a settlement deal from Goldman Sachs for money embezzled through Malaysia’s former sovereign fund 1Malaysia Development Berhad (1MDB). The top American executives obtained special travel passes and visas to enter Malaysia for these negotiations and will meet Attorney General Tan Sri Idrus Harun, who heads the recovery team for Malaysia, the report said.

Read more at: https://www.malaymail.com/news/malaysia/2020/07/20/report-goldman-sachs-executives-in-malaysia-to-thrash-out-1mdb-settlement-d/1886115