1MDB: Malaysia v. Goldman Sachs

19 September, 2019

Screenshot 2019-08-09 at 8.00.04 AM - Edited
tem-deepakandlawyer

It is the 10th day of the 1MDB trial in Malaysia (Sept 19). the DoJ has not yet brought criminal charges againstGoldman Sachs.
[August 9 2019]
Malaysia filed criminal charges against 17 current and former directors of Goldman Sachs Group Inc. in a case linked to 1MDB.
Those charged include Goldman Sachs Group Vice-Chairman Richard J. Gnodde, who served as co-chief executive officer at Goldman Sachs International, and Brian Griffiths, once an adviser to former U.K. Prime Minister Margaret Thatcher. John Michael Evans, who retired from the U.S. bank to become president of Alibaba Group Holding Ltd., was also charged.
Other Goldman directors charged include Michael Sydney Sherwood, Robin Antony Vince and Claes Ake Gustaf Dahlback from Goldman Sachs International; and Goh Boon Leng and Liow Chang Lee from Goldman Sachs (Singapore) Pte.
Ten Goldman Sachs (Asia) LLC officials were also charged, including Dimitrios Kavvathas, John Michael Evans, Amol Sagun Naik, Keith Leslie Hayes, Richard Mark Campbell-Breeden, Ronald Suk Bae Lee, Archie William Parnell, Frederick Towfigh, Matthew Thayer Freemont-Smith and Oliver Robert Morgan Bolitho. The charges say the Goldman Sachs units omitted material facts in the bond offerings, among them that Malaysian financier Low Taek Jho was the operator and key intermediary for 1MDB.    Three subsidiaries charged: Goldman Sachs International, Goldman Sachs (Asia) LLC and Goldman Sachs (Singapore) Pte.
https://wp.me/pEe9-12Y

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: