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The Independent UK
The Independent UK
National
Via AP news wire

Malaysia questions Goldman Sachs lawsuit over 1MDB settlement, saying it's premature

Copyright 2023 The Associated Press. All rights reserved.

The Malaysian government questioned Thursday a move by Goldman Sachs to file for arbitration in a dispute connected with the multibillion-dollar looting of a sovereign wealth fund.

Johari Abdul Ghani heads a task force to recover assets lost from fund known as 1MDB. He said it’s too early for arbitration since talks are still underway to resolve the conflict and accused the U.S. bank of trying to shift attention away from its payment obligations.

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