Anwar to gov't: Seek damages from Goldman for 'tarnished' Malaysian image

PARLIAMENT | The Malaysian government should act in a more "aggressive" manner to seek damages from Goldman Sachs Group Inc over the impact of the 1MDB scandal on the country's reputation, Port Dickson MP Anwar Ibrahim said.

In his speech to debate the Supply Bill 2019, Anwar said this comes in the wake of the US government's probe into Goldman Sachs’ dealings with 1MDB.

"Now the US (Justice Department) has commenced prosecution but Malaysia should act in a more aggressive manner to claim damages over our tarnished image.

"I believe the government has to take this step to seek returns far beyond the US$600 million commission," said Anwar, who is the PKR president-elect.

Finance Minister Lim Guan Eng said yesterday that Malaysia is seeking a full refund of all the fees it paid to Goldman Sachs Group Inc for arranging deals worth billions of dollars for 1MDB.

In an interview with BFM, Lim said this included nearly US$600 million that it paid Goldman for three bond deals.

[More to follow] - Mkini

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