Goldman chief David Solomon faces the music over Malaysia corruption scandal – and takes a £7.3m pay cut By Daily Mail City & Finance Reporter Published: 21:51 GMT, 27 January 2021 | Updated: 21:51 GMT, 27 January 2021 Goldman Sachs chief executive David Solomon took a £7.3million pay cut as the bank finally tried to … Read more
Goldman fined £2.2bn in Malaysia fraud: 1MDB scandal saw state-owned fund turned into a ‘piggy bank for corrupt public officials’ By Lucy White For The Daily Mail Published: 21:56 BST, 22 October 2020 | Updated: 21:56 BST, 22 October 2020 Goldman Sachs has been fined a record £2.2billion after turning a Malaysian development fund ‘into … Read more
Goldman Sachs will pay Malaysia $3.9bn over its role in 1MDB investment scam that helped fund Wolf of Wall Street Billions were looted from sovereign wealth fund 1Malaysia Development Berhad The cash plundered from state coffers then bankrolled a global spending spree Money was spent on everything from artwork, to real estate and a super-yacht … Read more