Hong Kong (CNN Business)Malaysia has filed criminal charges against Goldman Sachs over its dealings with a state investment fund at the heart of a multibillion-dollar corruption scandal.
The case relates to bond sales that Goldman Sachs (GS) arranged and underwrote for 1Malaysia Development Berhad (1MDB) in 2012 and 2013.
The US investment bank and four individuals — two of them former Goldman employees — are accused of “grave violations” of Malaysia’s securities laws, Attorney General Tommy Thomas said in a statement Monday.
