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KUALA LUMPUR, Nov. 28 – Goldman Sachs, a US investment bank, is due to repay Malaysia "much more" than the US $ 600 million (RM 2.52 billion) it has collected to raise obligations for 1MDB, said PKR chairman Datuk Seri Anwar Ibrahim.
In an interview with the Financial Times Posted today, Anwar "disgusted" has insisted that the alleged collusion of the bank with the financial fugitive Low Taek Jho in order to defraud Malaysia through the company's business. State investment has seriously damaged the country's reputation.
Among other things, he said that the 1MDB scandal had shaken global investor confidence in Malaysia, while leaving the country's public finances in an unbearable state of health so that Pakatan Harapan's new government could effectively implement the planned policies. .
Anwar said that Goldman Sachs was directly responsible for financial crime, accusing him of providing the brains with the "credibility" of the 1MDB scandal the ability to execute their fraud resulting in direct financial costs to the country .
"For them, using a country like Malaysia, struggling to reform economically and climbing the ladder, is really disgusting," he told the London-based news agency.
When the interviewer asked Goldman Sachs whether it was enough to repay the $ 600 million US generated by 1MDB, Anwar said the bank should be forced to pay "a lot more" than the main sum.
A show for the rest of the world, the 1MDB scandal has had serious repercussions on the integrity of Malaysian institutions after the dismissal of several agency officials for alleged omission or direct complicity.
Apart from the former Prime Minister Datuk Seri Najib Razak, accused of several counts of money laundering in the wake of the scandal, the controversy also swept up various former officials, including a former Attorney General, a former Auditor General and a former Governor of the Republic. the central bank, among others.
According to US prosecutors, the investment bank had generated an "above average" fee of $ 600 million for its work with 1MDB, which included three bond issues in 2012 and 2013, which yielded $ 6.5 billion .
Since then, it has been shown that this involves corrupt payments to government officials in Malaysia and the United Arab Emirates.
Despite the ramifications on Malaysian institutions and financial markets, Goldman Sachs has so far escaped the direct consequences of his alleged role in the scandal, choosing to accuse "rogue" employees such as the former head of state. South East Asia, Tim Leissner.
Leissner pled guilty to criminal charges in the United States related to the 1MDB scandal, while another Goldman Banker alumnus, Roger Ng, is awaiting extradition for trial.
However, previous reports suggest that the bank's complicity could reach its peak, after sources in the US investigation revealed that Goldman Sachs chairman Lloyd Blankfein had contributed directly to cementing the relationship that had raised doubts , even among the regulators of the bank.
Asked by the FT how Malaysia should get this compensation, Anwar said it could also be done through "aggressive negotiations" or, in case of failure, a dispute. .
Attorney General Tommy Thomas was preparing to sue Goldman Sachs in the United States for $ 4.5 billion in damages for the bank's supposed role in facilitating financial fraud at 1MDB.
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