Malaysia Seeking ‘Full Refund’ From Goldman for 1MDB Deals
- Goldman earned nearly $600 million from 1MDB bond deals
- Anwar calls for more aggressive claims against the bank
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Malaysia is stepping up pressure against Goldman Sachs Group Inc. as leader-in-waiting Anwar Ibrahim called for “more aggressive” claims against the bank, after the finance minister said the country is seeking a full refund of all the fees it paid for 1MDB deals.
The Southeast Asian nation should also seek compensation from the bank for ruining Malaysia’s image, Anwar said in parliament Tuesday. Malaysia has been “cheated” by Goldman, Prime Minister Mahathir Mohamad said in a CNBC interview. Asked whether he would ban the bank from operating in the country, he said, “We are watching.”