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Goldman Sues Malaysia Over 1MDB

by Starling Insights

Starling Insights Editorial Board

Oct 27, 2023

Observations

Goldman Sachs has announced that it has filed a lawsuit against the government of Malaysia over disputed payments that the bank said are not being properly recognized as part of its 1MDB settlement with the country.

"[W]e filed for arbitration against the government of Malaysia for violating its obligations to appropriately credit assets against the guarantee provided by Goldman Sachs in our settlement agreement and to recover other assets," Goldman said in a statement.

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Goldman Sues Malaysia Over 1MDB

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