Goldman Sachs, who produced bonds of 1MDB, ended RM182m in the UK Malaysia



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Goldman Sachs has been accused of supporting Low Taek Jho's rogue currency maker in an error of 1MDB when more than US $ 6 billion was introduced in bands . - Reuters pic
Goldman Sachs has been accused of supporting a Low Taek Jho cashier by making a 1MDB mistake when more than US $ 6 billion was introduced in bands. – Reuters pic

KUALA LUMP, March 29 – The UK Financial Conduct Authority has received £ 34 million (RM182 million) from the US investment bank in London for the money they submitted.

According to the Financial TimesGoldfield Sachs concluded that it had inappropriately accounted for more than 213 million individual businesses between 2007 and 2017.

Goldman had cooperated with the survey and agreed to settle the fines.

The settlement carved 30 per cent on the first £ 49 million charge.

“We are delighted to have resolved this. We dealt with the issues proactively at the time and have made significant investment over the period to improve and improve our reporting arrangements, ”said the bank.

Goldman Sachs is central to the global corruption scandal connected to the Malaysia state archive 1MDB.

The US Justice Department (DoJ) has already received a conviction following former Goldman Sachs banker, Tim Leissner, about the cost of money conspiracy to evade and a conspiracy caused by the bank's advertisement. on behalf of 1MDB.

The DoJ is also waiting to be heard from another banker that received Goldman Sachs, Roger Ng, Malaysia, to stand in a US prosecution for costs connected to him.

Goldman Sachs has been accused of supporting Low Taek Jho's rogue currency maker in an error of 1MDB when more than US $ 6 billion was introduced in bands .

The Malaysian government is trying to recover the “over average” taxes from the US bank that they sent out for the bond cases as well as a loss.

Goldman Sachs is also facing billions of fines in the USA.

The scandal commits the chairman of Goldman Sachs Lloyd Blankfein to remove bills of capitalization in the bank.

Goldman Sachs chief executive David Solomon was apologized for banking work at the scandal and at the same time trying to share his demonstration as limited to misleading staff like Leissner and Ng.

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