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1MDB scandal: Malaysia’s criminal case against Goldman Sachs delayed until September after Mahathir Mohamad dismisses ...

WorldNews Monday, 24 June 2019
1MDB scandal: Malaysia’s criminal case against Goldman Sachs delayed until September after Mahathir Mohamad dismisses ...Malaysia’s criminal case against US investment bank Goldman Sachs involving US$6.5 billion 1MDB bonds will be postponed to September, a court ruled on Monday, after defence lawyers asked for more time to receive instructions from their clients abroad.The announcement came two days after Malaysian Prime Minister Mahathir Mohamad told CNBC the 1 billion ringgit (US$241 million) in compensation offered by Goldman Sachs to the Malaysian government was “not adequate” and was in fact “peanuts”… ......
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News video: Goldman Sachs To See Transformation Under New CEO

Goldman Sachs To See Transformation Under New CEO 00:32

Goldman Sachs has a new CEO: David Solomon. The storied investment bank is in the midst of a transformation. The Wall Street bank is moving away from high risk businesses like trading that were once lucrative but have since slowed. Business Insider reports they will move towards more stable areas...

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