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Goldman Sachs CEO David Solomon

Malaysia will forget all about the Goldman Sachs 1MDB scandal for the low low price of $7.5 billion

"An apology is just not sufficient ... There must be the necessary reparations and compensations," Malaysia's finance minister Lim Guan Eng said.
Former Goldman Sachs CEO Lloyd Blankfein

Goldman Sachs knows where all the money went, says Malaysia finance minister as country gears up for fight for stolen 1MDB billions

"We have suffered extremely large losses," Lim Guan Eng tells the newspaper. "And don’t tell me you don’t know where the money went."

The bizarre story of 1MDB, the Goldman Sachs-backed Malaysian fund that turned into one of the biggest scandals in financial history

It's one of the greatest scandals in financial history. "1MDB" started as a plan to fund Malaysian infrastructure projects but turned into $3 billion problem.

#DuetWithMe was Malaysia’s top video challenge of 2018, according to social video app TikTok

These challenges can result in hundreds or thousands of iteration videos.
Goldman Sachs Group, Inc. Chairman and Chief Executive Officer Lloyd Blankfein participates in a panel discussion during the White House Summit on Working Families in Washington June 23, 2014.

Malaysia files criminal charges against Goldman Sachs and 2 ex bankers, saying it seeks fines ‘well in excess’ of $2.7 billion

Prosecutors will seek criminal fines and jail time for the former Goldman executives Tim Leissner and Roger Ng Chong Hwa.
Hassan Al Kontar.

A Syrian refugee who was trapped in an airport for 7 months finally got a ticket out

Hassan Al-Kontar's nightmare began on March 7, and found himself trapped in the transit area of Kuala Lumpur International Airport.

Singapore, Hong Kong and Malaysia are APAC’s top 3 talent hubs, study finds

Singapore and Hong Kong excelled at tapping into an international talent pool, while Malaysia was investing in education to develop its homegrown skilled workforce

Headed for Malaysia? Shop there using Nets at over 4,500 points

Nets says there is no currency conversion fee for card users and exchange rates are competitive.

Malaysia will not implement wealth tax – for now – so economy can recover, says Finance Minister

Wealth, inheritance and capital gains tax are some of the taxes Malaysia has decided not to implement for fear of "massive" capital flight.

32 offences may no longer warrant the death penalty in Malaysia – including murder, kidnapping, and making nuclear weapons

Instead of the death penalty, those convicted of offences including gun use, drug trafficking, and the creation of weapons of mass destruction will receive sentences of at least 30 years' jail.