AuksoŽmogus Malaizijoj

AuksoŽmogus

Malaysia is seeking $7.5bn (£5.9bn) in reparations from Goldman Sachs over its dealings with the scandal-linked state fund 1MDB, the Financial Times reported [£].

The US Department of Justice alleges that a total of about $4.5bn was misappropriated from 1MDB and used to buy, among others, real estate in London and New York, expensive jewellery and artwork, and a private jet.

Singapore is trying to determine whether some of the $600m in fees that Goldman earned from the three bond deals flowed to the Singapore subsidiary, the report said.

The courts complex in Kuala Lumpur, Malaysia, where criminal charges were filed against Goldman Sachs this week. Photograph: Ahmad Yusni/EPA

Malaysia