Malaysia says recovered 1MDB funds only enough to pay debt principal for 2022
Malaysia said on Thursday it has recovered enough funds linked to scandal-tainted state fund 1Malaysia Development Berhad (1MDB) to pay off only the principal amount of the debt still owed by the firm this year.
Goldman, Blankfein, Cohn must face shareholder lawsuit over 1MDB scandal
Goldman Sachs Group Inc (GS.N) and two former top executives were ordered by a U.S. judge on Monday to face a lawsuit accusing them of misleading shareholders about the bank’s work for 1MDB, a Malaysian fund that became embroiled in a corruption scandal.
