Report: Goldman Sachs nearing deal with DOJ on 1MDB

Modified 23 Jul 2020, 4:00 pm

Goldman Sachs Group Inc is believed to be in the final stages of its tussle with the US government to avoid a guilty plea over its 1MDB dealings, according to a report by Bloomberg.

It is understood that Goldman has appealed to the Department of Justice’s (DOJ) highest ranks and that a deal may be near, said the report.

Previously, prosecutors were pressing Goldman for a guilty plea after a high-ranking Goldman banker pleaded guilty in 2018 and described a secretive...

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