Malaysia brings criminal charges against Goldman Sachs over 1MDB fund

Malaysia brings criminal charges against Goldman Sachs over 1MDB fund

Malaysia this morning filed criminal charges against US-based Goldman Sachs over its dealings with the scandal-ridden investment fund 1Malaysia Development Berhad (known as 1MDB). Attorney general Tommy Thomas said in a statement Monday that the New York-headquartered investment bank stands accused of "grave violations" of Malaysia's securities laws. The development is the first time Goldman Sachs has faced formal criminal charges in the ongoing 1MDB scandal. The investment bank has repe...

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Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.