Goldman’s Woes Mount as Malaysia Slaps First Criminal Charge

The country filed the first criminal charges against the U.S. bank in the global corruption probe on Monday, after publicly urging Goldman to come to the negotiating table or face litigation. The firm already is in the thick of investigations by U.S. prosecutors and regulators over Goldman’s conduct in the controversy. Malaysian authorities allege that Goldman misled investors when the bank knew that proceeds from 1MDB bond sales it arranged would be misappropriated.

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