Goldman pleads not guilty over 1MDB bond sales [Seeking Alpha]
Goldman Sachs Group, Inc. (The) (GS)
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Financials Goldman pleads not guilty over 1MDB bond sales Feb. 24, 2020 5:24 AM ET | The Goldman Sachs Group, Inc. (GS) Yoel Minkoff Three units of Goldman Sachs (NYSE: pleaded not guilty Charges were filed in December 2018 against the units - based in London, Hong Kong and Singapore - for misleading investors by "making untrue statements and omitting key facts" in relation to the 1MDB bond issues. Malaysia has said it was seeking up to $7.5B in reparations from Goldman over the dealings, though the company has denied wrongdoing, saying it was lied to about how proceeds from the bond sales would be used. Click to subscribe to real-time analytics on GS Now read: Expect Major Stock Market Challenges In 2020 »
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