The Center to Combat Corruption and Cronyism (C4) today questioned if Putrajaya rushed the settlement with Goldman Sachs in order to raise funds for the struggling economy.

"Was the settlement obtained in a hurry to help the struggling economy?" it asked in a statement.

C4 urged the Perikatan Nasional government to be transparent in the settlement with Goldman Sachs, which is paying compensation for its role in arranging three bonds for 1MDB totalling US$6.5 billion, most of which was...