Malaysian prosecutor pledges to indict Goldman Sachs - Breaking The News
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Malaysian prosecutor pledges to indict Goldman Sachs

EPA-EFE/AHMAD YUSNI

Malaysia's Attorney General Tommy Thomas (pictured) vowed on Friday to prosecute Goldman Sachs' officials for involvement in the 1Malaysia Development Berhad (1MDB) corruption scandal, despite the latest report claiming the New York-based investment bank may plead guilty and pay a fine of up to $2 billion.

"The 17 directors committed crime in Malaysia, which is why they are being charged, so there is no reason why we are not going against them. There is still a Pacific Ocean gulf between Malaysia and Goldman Sachs," Thomas said, referring to failed negotiations between the United States investment bank and the Malaysian government.

In August, the Asian country's authorities raised charges against 17 Goldman Sachs' executives over "defrauding the government of Malaysia and purchasers of three [1MBD] bonds with a face value of US$6.5 billion."

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