Ex-AG Thomas denies mooted US$1.75b 1MDB settlement with Goldman Sachs
Friday, 07 Aug 2020 11:56 AM MYTFormer AG Tan Sri Tommy Thomas asserted that no settlement was reached with the US investment bank during his time in office. — Picture by Hari Anggara
KUALA LUMPUR, Aug 7 ― Tan Sri Tommy Thomas today denied proposing the Malaysian government settle its 1Malaysia Development Berhad claim on Goldman Sachs out of court for US$1.75 billion as asserted by Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.
“We did not. No settlement on any terms had been reached with Goldmans when I resigned on 28th February 2020,” Thomas wrote.In his note, Thomas said it was never his intention to enter into an “unnecessary prolonged slinging match” with the finance minister. Thomas also said Tengku Zafrul should be devoting his time and energy to manage the country’s economic fallout from the Covid-19 pandemic.Tengku Datuk Seri Zafrul Abdul Aziz told the Dewan Rakyat yesterday that he had a letter written by Thomas to Dr Mahathir proposing a settlement with Goldman Sachs on 1MDB, contrary to the then Pakatan Harapan government’s stand not to accept settlement outside of court.
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