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Labor Union Funds Add to Goldman’s 1MDB Woes

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Asia Sentinel
May 15, 2019
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Labor Union Funds Add to Goldman’s 1MDB Woes

www.asiasentinel.com

Lawyers for two US labor union funds are demanding that Goldman Sachs investigate the investment bank’s role in the US$4.8 billion 1Malaysia Development Bhd. scandal, currently the world’s largest financial mess, and commence legal action for breach of fiduciary duty by bank officials responsible for “facilitation of bribery, money laundering and kickbacks.”

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