Anwar appoints Goldman Sachs critic to lead 1MDB taskforce
KUALA LUMPUR – Malaysian Prime Minister Anwar Ibrahim appointed a vocal critic of Goldman Sachs Group to chair a task force formed to resolve matters linked to the multi-billion dollar 1Malaysia Development Bhd. scandal.
Mr Johari said last week the government should review its deal with Goldman Sachs for its role in the scandal, as the final sum was too low. The bonds were earmarked for redevelopment but all except US$2 billion of the money was diverted to pay bribes to government officials, US federal prosecutors said.
Mr Johari last week said the US$2.5 billion figure agreed upon was too little, and Goldman Sachs should be made to pay the US$1.4 billion sum outright.
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