News by M

Charges against Goldman Sachs International, Tim Leissner, Loo Ai Swan, Jho Low, Goldman Sachs (Singapore) Pte and Goldman Sachs (Asia) LLC.

Charges against Goldman Sachs International, Tim Leissner, Loo Ai Swan, Jho Low, Goldman Sachs (Singapore) Pte and Goldman Sachs (Asia) LLC.

Citing a statement from Goldman, CNBC today quoted the New York-based bank as saying that certain members of the former Malaysian government and 1Malaysian Development Bhd (1MDB) lied to Goldman Sachs, outside counsel and others about the use of proceeds from these transactions.

CGSCIMB Research: Maintain reduce with a lower target price (TP) of RM2.12

A statement by Attorney-General Tommy Thomas.

PLUS said last month it would commence operations of its RFID open payment system beginning Dec 15.

“Their fraud goes to the heart of the capital markets, and if no criminal proceedings are instituted against the accused their undermining of our financial system and market integrity will go unpunished.”

In a statement today, Dewan Rakyat Speaker Datuk Mohamad Arif Md Yusof said he had been notified by the Election Commission (EC) chairman via a letter that the incumbent Datuk Sivarraajh Chandran had not made his final appeal against the court ruling within the stipulated date of Dec 14.

While it has in the past paid hefty fines in several countries over wrongdoings and employees have been charged criminally, this is possibly the first time that any country has filed criminal charges against the US investment banking giant itself.

The consultant will also “help look for ways to reduce” the toll burden on citizens.