18-01-2019 08:39 via kvoa.com

Malaysia says Goldman Sachs must pay, apology not enough

PUTRAYAJAYA, Malaysia (AP) — Malaysia’s Finance Minister Lim Guan Eng says the apology by Goldman Sachs for its role in the alleged multibillion-dollar ransacking of state investment fund 1MDB was insufficient and that it has to pay $7.5 billion as compensation.
Goldman CEO David Solomon on Wednesday apologized to the Malaysian people for former banker Tim Leissner’s role in arranging bond sales for 1MDB, that provided one of the means for associates of former Malaysian Prime M
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