Top Goldman Execs Aware of Massive 1MDB Bribes
Lax controls enabled US$1.6 billion in backhanders
By: Toh Han Shih
In May 2013, a Goldman Sachs managing director called an unnamed senior Goldman executive with what he thought was a disturbing report about Project Catalyze, a US$3 billion bond offer arranged by the giant investment bank for the state-backed 1Malaysia Development Bhd. (1MDB), which would later collapse into a US$4.6 billion river of re…
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