1MDB SCANDAL: GOLDMAN SACHS WILL PAY OVER $2 BILLION TO SETTLE U.S. CHARGES

Highlights

• According to the reports, Goldman Sachs Group Inc will agree to pay over $2 billion this week to settle U.S. charges over its role in Malaysia’s 1MDB corruption scandal

• Under the agreement with the U.S. Department of Justice and other regulators, Goldman Sachs will admit fault for its role in underwriting bond offerings that raised $6.5 billion for the Malaysian state fund

• Acc....