Goldman Sachs might escape guilty plea in 1MDB deal with US | The Malaysian Insight

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Goldman Sachs might escape guilty plea in 1MDB deal with US | The Malaysian Insight
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Goldman Sachs might escape guilty plea in 1MDB deal with US

Goldman Sachs wants to put an end to the sprawling investigation into 1MDB and move on from its biggest threat since the darkest days of the 2008 financial crisis. – AFP pic, July 1, 2020.

GOLDMAN Sachs, the bank at the heart of the 1MDB scandal, is close to a deal with the US government, which will allow it to escape a guilty plea and pay a fine of up to US$2 billion , reportsGoldman Sachs filed an appeal with the Department of Justice over a guilty plea by a subsidiary in Asia. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

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