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Show Notes
Malaysia’s exposure to the 1MDB scandal is about US$9.6 bn while the settlement with Goldman Sachs is $3.9 bn ($2.5 bn in cash, minimum $1.4 bn in guarantee). P Gunasegaram, veteran journalist and author of the book, 1MDB: The Scandal That Brought Down the Government explains why Malaysia could have negotiated for a higher amount.
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Topics
Financial ServicesGovernment/Regulatory/Policy MakingEconomyMarketsPoliticsNewsCurrent Affairs1MDBsettlementGoldman Sachsscandalpolitics