Malaysia drops criminal charges against Goldman Sachs over looting of state fund after Wall Street bank coughs up BILLIONS

Goldman Sachs

Goldman Sachs will not face criminal charges over its alleged role in the theft of billions of dollars from Malaysia’s government investment fund, 1MDB, after the Wall Street bank agreed to pay $4 billion in compensation.

The bank and its units were acquitted of all charges filed by Malaysia, High Court judge Mohamed Zaini Mazlan announced on Friday, as cited by state media.

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