Fraud Intelligence
Goldman Sachs to pay over US$2.9 billion for 1MDB bribery and compliance failures
Goldman Sachs has reached a US$2.9 billion global settlement with prosecutors and regulators in five jurisdictions over its
role in bribing public officials and in the alleged embezzlement of more than US$2.7 billion from the proceeds of bond offerings
for the 1Malaysia Development Berhad (1MDB) sovereign wealth fund.