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Goldman Sachs unit pleads guilty in Malaysian bribery case

October 22, 2020. Summarized by summa-bot.

Pedestrians wearing protective masks walk past Goldman Sachs Group Inc. headquarters in New York York, U.S., on Saturday, April 11, 2020. Goldman Sachs is scheduled to release earnings figures on April 15. Photographer: Mark Kauzlarich/Bloomberg

Goldman Sachs's Malaysian subsidiary has pleaded guilty to charges that it conspired to violate anti-bribery laws in a massive scheme involving the Southeast Asian country's sovereign wealth fund, known as 1MDB.

Hong Kong (CNN Business)Goldman Sachs's Malaysian subsidiary has pleaded guilty to charges that it conspired to violate anti-bribery laws in a massive scheme involving the Southeast Asian country's sovereign wealth fund, known as 1MDB.

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