Tag: major corruption scandal

• Thursday, January 17th 2019 - 08:52 UTC

  Goldman Sachs apologizes and blames former partner for Malaysia's major corruption scandal

  

  Goldman Sachs new boss has apologized to Malaysia for the role an ex-partner played in the corruption scandal at one of the country's wealth funds. However, chief executive David Solomon also distanced the bank from the scheme, which saw billions embezzled from the state development fund, 1MDB.