Malaysia serves summons to three Goldman units in 1MDB case
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[KUALA LUMPUR] Malaysia has served summons to all three Goldman Sachs Group Inc units that it seeks to indict in the case involving troubled state fund 1MDB.
Four summons were served in total as Delaware-based Goldman Sachs (Asia) LLC has two addresses, while charges were also sent to Goldman Sachs International (UK) and Goldman Sachs (Singapore), Deputy Public Prosecutor Aaron Chelliah said in Kuala Lumpur on Monday.
The court set Sept 30 for the next pretrial hearing after Goldman's lawyer said the charges remain incomplete. Only three of four charges were served to the Singapore unit, while the summons only reached Goldman Sachs (Asia) last week, said lawyer Hisyam Teh Poh Teik.
BLOOMBERG
Share with us your feedback on BT's products and services
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Amazon’s MGM Studios gains creative control over ‘James Bond’ franchise
UOB’s Wee Ee Cheong says S$4.9 billion Citi deal ‘paying off’ as Asean push accelerates
In taxing wealth, how far can Singapore push property owners?