1Malaysia Development Berhad

The Latest

  • Goldman Sachs Agrees To $3.9 Billion 1MDB Case Settlement Deal
    1Malaysia Development Berhad
    Goldman Sachs will be making an initial payment of $2.5 billion to the Malaysian government, followed by a guarantee that it will pay around $1.4 billion after it liquidates assets linked to the scandal.
  • Malaysia Rejects $3 Billion Offer From Goldman Sachs To Settle 1MDB Case
    Goldman Sachs
    Malaysia's finance ministry has rejected Goldman Sach's latest offer to settle the country's case against it out of court.
  • Mahathir: Goldman’s 1MDB Settlement Offer Not Yet Enough
    Mahathir Mohamad
    Malaysian Prime Minister Mahathir Mohamad believes Goldman’s settlement offer for the 1MDB case is not enough.
  • Malaysia to Goldman Pay Up $7.5 Billion In Reparations Or Go To Court
    Malaysia Open To Settlement From Goldman Sachs For Helping Loot State Funds
    Malaysia willing to drop criminal charges against the investment bank Goldman Sachs until the last minute if it will pay up.
  • Joint Malaysia-Singapore-U.S. Panel Evaluating 1MDB Case, Millions Repatriated
    Roger Ng
    A joint panel composed of officials from Malaysia, Singapore, and the U.S. is currently discussing how to handle the 1MDB fund misappropriation case.
  • Abu Dhabi Wealth Fund Sues Goldman Sachs for Embezzling 1MDB
    Such a lawsuit!
    The United Arab Emirates (UAE) is suing The Goldman Sachs Group, Inc., one of the largest investment banks in the world, and others to recover losses suffered through its dealings with Malaysia's scandal-wracked sovereign wealth fund, 1Malaysia Development Berhad, or 1MDB.