PETALING JAYA: Goldman Sachs Group has acknowledged that its firm could potentially face "significant penalties" resulting from the 1Malaysia Development Bhd scandal.
The Wall Street Journal reported that in the firm's third-quarter earnings report's filing to regulators, Goldman made citations on the indictment against its former employees for bribery and money laundering involving 1MDB.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
