Malaysiakini NEWS

1MDB-linked US$6.5b bonds case against Goldman Sachs transferred to High Court

Hidir Reduan Abdul Rashid
Published:

The US$6.5 billion 1MDB bonds case against Goldman Sachs International and its Asian arm has been transferred from the Kuala Lumpur Magistrate’s Court to the High Court.

This followed High Court judge Mohamed Zaini Mazlan allowing the transfer application by DPP Norinna Bahadun during the open-court proceedings this morning.

It was reported on Oct 22 that the prosecution had filed an application to transfer the case against the United Stated-based international investment bank from the lower court to the Kuala Lumpur High Court.

Aside from Goldman Sachs International, the charges are also levelled against Goldman Sachs (Asia) LLC and Goldman Sachs (Singapore) PTE.

Zaini allowed the transfer application against the Goldman Sachs International and Goldman Sachs (Asia) LLC following no objection raised by the international corporate group’s counsel Hisyam Teh Poh Teik...

Share this story

OR

Welcome back,

Your subscription expires on
  

Your subscription will expire soon, kindly renew before
  

Your subscription is expired
  Click here to renew

You are not subscribed to any subscription package
  Click here to subscribe now

Any questions?
  Email: [email protected]
  Call: +603-777-00000

Renew