كراجأن مليسيا منريما اس$2.5 بيلياون دري ڬولدمن ساچهس
GOLDMAN Sachs has made the US$2.5 billion (RM10.43 billion) payment it pledged to the government to settle allegations of misconduct related to the 1Malaysia Development Berhad (1MDB) scandal, and the funds will be used to repay outstanding debt of the disgraced sovereign wealth fund, according to a person familiar with the matter.
The government received the funds in its escrow account on Thursday, according to the person, who asked not to be named as the information is private.
The payment is part of an agreement Goldman Sachs reached with the government to pay US$2.5 billion in cash and guarantee the return of US$1.4 billion from 1MDB assets seized around the world.
In return, the government will drop criminal charges against the US bank, allowing it to start moving beyond one of its worst scandals since the financial crisis.
GOLDMAN Sachs has made the US$2.5 billion (RM10.43 billion) payment it pledged to the government to settle allegations of misconduct related to the 1Malaysia Development Berhad (1MDB) scandal, and the funds will be used to repay outstanding debt of the disgraced sovereign wealth fund, according to a person familiar with the matter.
The government received the funds in its escrow account on Thursday, according to the person, who asked not to be named as the information is private.
The government plans to use the money to help repay 1MDB’s outstanding debt, including US$3.5 billion of bonds due in 2022 and 2023, which are now held under the Finance Ministry, the person added.
Representatives for the Finance Ministry and Goldman Sachs didn’t immediately respond to requests for comment.
The payment is part of an agreement Goldman Sachs reached with the government to pay US$2.5 billion in cash and guarantee the return of US$1.4 billion from 1MDB assets seized around the world.
In return, the government will drop criminal charges against the US bank, allowing it to start moving beyond one of its worst scandals since the financial crisis.
The money comes at an opportune time for Malaysia, which is seeking funding to shore up an economy battered by the pandemic. The government is set to boost its debt limit for the first time since 2009 to help fund its US$70 billion of stimulus measures.
Goldman Sachs will have a case management hearing over its criminal charges in Malaysia on Sept 4, a date that was set before the July deal was struck.
Source:
NOTA: SAYA MEMBUAT PENGUMUMAN-PENGUMUMAN PENTING DARI MASA KE SEMASA EKSKLUSIF MENERUSI SALURAN TELEGRAM BERIKUT:
