Deals

Lloyd Blankfein Was the Unidentified Goldman Executive Present at 2009 1MDB Meeting

  • Gathering laid the groundwork for lucrative Malaysia deals
  • Meeting involved former Malaysian prime minister Najib Razak
Bloomberg’s Greg Farrell reports on a meeting Lloyd Blankfein had with the former Malaysian prime minister.Source: Bloomberg)
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Years before Goldman Sachs Group Inc. arranged bond deals now at the heart of globe-spanning corruption probes, the firm’s then-CEO Lloyd Blankfein personally helped forge ties with Malaysia and its new sovereign wealth fund, according to people with knowledge of the matter.

Blankfein was the unidentified high-ranking Goldman Sachs executive referenced in U.S. court documents who attended a 2009 meeting with the former Malaysian prime minister, the people said. The meeting was arranged with the help of men who are now tied to the subsequent plundering of the 1MDB fund, according to U.S. court documents unsealed last week.