KUALA LUMPUR, Oct 24 — The federal government will not be issuing public statements about the recovery of monies linked to 1Malaysia Development Berhad (1MDB) abroad since it is...
Amid Aman Palestin fund abuse claims, MACC chief says only on paper trail, yet to call in anyone for questioningIt was previously reported that Goldman Sachs was suing Malaysia over the settlement amount as tensions escalate over a settlement agreement on the bank’s role in the multi-billion-dollar 1MDB corruption scandal.
“Yang Berhormat’s question pertains to matters currently in dispute with Goldman Sachs in the London Court of International Arbitration. A spokesman for the firm was quoted as saying they filed for arbitration against Malaysia for violating its obligations to appropriately credit assets in the settlement agreement to recover assets.
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