Thursday, November 8, 2018

Goldman Sachs Staring At 'Significant Penalties' Over 1MDB

Goldman Sachs staring at 'significant penalties' over 1MDB

PETALING JAYA - Goldman Sachs Group has acknowledged that it may receive "significant penalties" resulting from its deals with 1Malaysia Development Bhd (1MDB). It also recognised that it had weaknesses in its compliance controls, The Wall Street Journal (WSJ) reported.

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