1mdb Scandal Abu Dhabi S Ipic Drops Lawsuit Against Goldman Sachs

Abu Dhabi's International Petroleum Investment Co (IPIC) said on Wednesday that it was dropping a lawsuit against Goldman Sachs Group Inc to recover losses suffered from the US investment bank's dealings with Malaysian state fund 1MDB.
The lawsuit had alleged that Goldman conspired with unidentified people from Malaysia to bribe its two former executives - former IPIC managing director Khadem Abdulla al-Qubaisi and Mohamed Ahmed Badawy al-Husseiny, former CEO of Aabar, an IPIC unit - to further their business at its expense.
Abu Dhabi state fund Mubadala Investment Co, which controls IPIC, had suspended business dealings with Goldman after the lawsuit.
"Following collaborative discussions, the International Petroleum Investment Company is dismissing its lawsuit against Goldman Sachs, related to issues regarding 1MDB," IPIC said in an e-mailed statement on Wednesday.
Goldman did not immediately respond to a Reuters request for comment.
The scandal dates back to the government of former Malaysian prime minister Najib Abdul Razak, which set up the 1MDB fund in 2009. The Justice Department estimated that US$4.5 billion (RM18.64 billion) was misappropriated by high-level fund officials and their associates between 2009 and 2014.
Malaysia in September dropped criminal charges against three Goldman units after the bank agreed to pay US$3.9 billion (RM 16.16 billion) to settle the probe.
The investment bank has been investigated by regulators in at least 14 countries, including the United States, Malaysia and Singapore, for what its leadership did and did not know about the transactions.
Goldman is expected to settle with US authorities, later this week, to resolve a probe into the bank's role in underwriting three bond offerings in 2012 and 2013 that raised US$6.5 billion (RM26.93 billion) for the Malaysian government.
According to the US Department of Justice, Goldman earned US$600 million (RM2.49 billion) in fees for its work with 1MDB.
- Reuters

Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

http://malaysiansmustknowthetruth.blogspot.com/2020/10/1mdb-scandal-abu-dhabis-ipic-drops.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MalaysiansMustKnowTheTruth+%28Malaysians+Must+

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini

Goldman Sachs Fined Us 350 Million In Hong Kong Over 1mdb

papar berkaitan - pada 23/10/2020 - jumlah : 299 hits
Hong Kong s Securities and Futures Commission says Goldman Sachs Asia fell far short of the standards expected of a licensed intermediary in the 1MDB case KUALA LUMPUR Global financial titan Goldman Sachs was fined US 350 million by Hong Ko...

Goldman Sachs Malaysia Mengaku Bersalah Atas Pertuduhan Kes Rasuah 1mdb

papar berkaitan - pada 23/10/2020 - jumlah : 315 hits
Sebuah berita yang menggemparkan khususnya buat rakyat Malaysia apabila Goldman Sachs Malaysia dikaitkan dengan isu rasuah melibatkan syarikat yang penuh dengan kontroversi iaitu 1Malaysia Development Berhad Menerusi laporan terbaru daripad...

Bon 1mdb Goldman Sachs Akan Bayar As 122 Juta Pada K Jaan Singapura

papar berkaitan - pada 23/10/2020 - jumlah : 261 hits
45 total views 45 views today Goldman Sachs Singapore Pte akan membayar AS 122 juta kepada kerajaan Singapura atas peranannya dalam penawaran bon 1Malaysia Development Bhd Ini menurut kenyataan bersama oleh Jabatan Hal Ehwal Komersial repub...

Skandal 1mdb Goldman Sachs Setuju Bayar Rm 12 Bilion

papar berkaitan - pada 23/10/2020 - jumlah : 262 hits
New York Firma kewangan global Goldman Sachs bersetuju untuk membayar kira kira AS 2 9 bilion sebagai penyelesaian berhubung skandal 1Malaysia Development Berhad yang membabitkan anak syarikatnya di Malaysia Goldman sebelum ini mengaku tida...

Cek Fakta Disinformasi Gelar Presiden Jokowi Ditulis St Di Nama Jalan Abu Dhabi

papar berkaitan - pada 23/10/2020 - jumlah : 230 hits
Informasi nama gelar Presiden Jokowi bertuliskan st di sebuah jalan di Uni Emirat Arab adalah disinformasi St yang tertulis di nama jalan tersebut merupakan kepanjangan dari Street yang artinya jalan

Indira Gandhi To File Rm100m Lawsuit Against Igp This Week

papar berkaitan - pada 27/10/2020 - jumlah : 320 hits
M Indira Gandhi who has been fighting to regain custody of her daughter Prasana Diksa is set to file an RM100 million civil suit against Inspector General of Police Abdul Hamid Bador this week Indira Gandhi Action Team chairperson Arun Dora...

Goldman Poised To Pay More Than Us 2 Bil In Doj S 1mdb Probe

papar berkaitan - pada 20/10/2020 - jumlah : 244 hits
The Goldman Sachs Group s deal with the US Department of Justice follows a similar agreement with Malaysian authorities WASHINGTON Goldman Sachs Group Inc has reached a long awaited pact with the US Department of Justice to pay more than US...

Pn Opponents In Umno Score Victory By Signalling Open Season Against Muhyiddin

papar berkaitan - pada 16/10/2020 - jumlah : 270 hits
Umno as a member of the ruling Perikatan Nasional government has for months toed the line despite brewing discontent over what it perceives as Bersatu sidelining the party Several Umno MPs who were speculated to be defecting to the oppositi...

Sarawak Dcm Warns Of Stern Action Against Migrant Smugglers

papar berkaitan - pada 16/10/2020 - jumlah : 334 hits
COVID 19 Sarawak Deputy Chief Minister James Masing today warned stern action against locals found to act as middlemen aiding entry of undocumented migrants from Indonesia risking possible new Covid 19 clusters in the state We take the acti...