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CIJ blasts confidentiality clause excuse in 1MDB Goldman Sachs settlement

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The Centre for Independent Journalism (CIJ) is unhappy with what it calls a “lack of transparency and public accountability” following the decision of the Perikatan Nasional administration not to disclose details of the US$1.4 billion settlement between the government, 1MDB and Goldman Sachs (the “Parties”) because of “confidentiality clauses”.

According to a written parliamentary reply by de facto Law Minister Takiyuddin Hassan on Nov 17, the government cannot give access to the specifics of the agreement “to avoid any legal action being taken due to breach of the terms of the agreement”...

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