Explainer-Goldman Sachs and its role in the multi-billion dollar 1MDB scandal

Explainer-Goldman Sachs and its role in the multi-billion dollar 1MDB scandal

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(NYSE: ) has sued Malaysia in a British arbitration court, as tensions escalate over a settlement agreement on the bank's role in the massive 1MDB corruption scandal. Malaysian and U.S. authorities say $4.5 billion was stolen from the now-defunct Malaysian fund 1Malaysia Development Bhd (1MDB) in…

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