Goldman chief David Solomon faces the music over 1MDB Malaysia scandal

Goldman chief David Solomon faces the music over Malaysia corruption scandal – and takes a £7.3m pay cut By Daily Mail City & Finance Reporter Published: 21:51 GMT, 27 January 2021 | Updated: 21:51 GMT, 27 January 2021 Goldman Sachs chief executive David Solomon took a £7.3million pay cut as the bank finally tried to … Read more

Goldman fined £2.2bn in 1MDB Malaysia fraud scandal

Goldman fined £2.2bn in Malaysia fraud: 1MDB scandal saw state-owned fund turned into a ‘piggy bank for corrupt public officials’ By Lucy White For The Daily Mail Published: 21:56 BST, 22 October 2020 | Updated: 21:56 BST, 22 October 2020 Goldman Sachs has been fined a record £2.2billion after turning a Malaysian development fund ‘into … Read more

Goldman Sachs will claw back millions from top executives over 1MDB scandal

A partial list of how the Malaysian financier allegedly spent the billions her pilfered from 1MDB over the course of six years Park Lane Hotel (NYC) –  $654,316,305 Equanimity (Yacht) – $250 million  L’Hermitage Hotel (Beverly Hills) –  $194.7 million EMI Music (approx 66.2 percent share)  – $106,666,667  Stratton Street compound (London) – $98 million  Mark Rothko, Untitled … Read more