PETALING JAYA: Goldman Sachs is attempting to get US federal prosecutors to ease up on the bank's role in the 1MDB scandal, according to a report by the New York Times.
The report stated that lawyers for Goldman Sachs have asked US Deputy Attorney-General Jeffery Rosen to review demands by certain federal prosecutors that Goldman Sachs pay more than US$2bil in fines and plead guilty to a charge.
"But, it has been a point of pride for Goldman that it has never had to admit guilt in a federal investigation, and the scandal has already been a black eye for the bank," the report said. According to the US Justice Department, Goldman Sachs earned USD$600mil in fees for raising US$6bil for 1MDB. Leissner, who's married to supermodel Kimora Lee Simmons, had profited from the matter and has agreed to forfeit up to US$43.7mil .
It claimed that US Attorney General William P. Barr and Assistant Attorney-General Brian Benczkowski, who both previously worked at Kirkland & Ellies, one of the firms representing Goldman Sachs, had obtained ethics waivers that allowed them to participate in the 1MDB probe.
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