Goldman Sachs Group Inc on Thursday said it was clawing back $174 million in executive compensation and had agreed to pay $2.9 billion over its role in Malaysia’s 1MDB corruption scandal, lifting a cloud that has hung over the bank for years…
1MDB “Miles Guo,” Arrested for Orchestrating Over $1 Billion Dollar Fraud Conspiracy in Malaysia…
Over $630 Million of Alleged Fraud Proceeds Seized by U.S. Government…
DoJ Strikes Deal to Recover $1 Billion from Mysterious Fugitive Mastermind Behind 1MDB Fraud…
The U.S. Justice Department has struck a deal with fugitive financier Jho Low – the mysterious financier who allegedly masterminded the theft of more than $4 billion from Malaysia’s 1MDB development fund – to recoup almost a billion dollars from Malaysian investment fund 1MDB – “I am very pleased” that a global settlement has been […]