Exclusive: Malaysia considering seeking return of Goldman Sachs' 1MDB fees

By Praveen Menon and A. Ananthalakshmi KUALA LUMPUR (Reuters) - Malaysia is considering asking the U.S. Department of Justice (DoJ) to get Goldman Sachs to return nearly $600 million in fees it earned from bonds raised for scandal-tainted 1Malaysia Development Berhad (1MDB), two sources familiar with the matter said on Friday. Malaysia is scrambling to bring home billions of dollars allegedly siphoned off from 1MDB, a state fund founded by ex-premier Najib Razak, who lost a general election last month.

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June 08, 2018 at 10:42PM