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View all search resultsThere are ongoing discussions about recovering money from financial institutions including Goldman, Anwar Ibrahim said in an interview with Bloomberg Television at the New Economy Forum in Singapore. He is expected to replace 93-year-old Mahathir Mohamad as prime minister in a year or two.
The Justice Department arrested former Goldman Sachs banker Ng Chong Hwa in Malaysia on Thursday, and unsealed charges against Tim Leissner, another ex-Goldman banker, who has already pleaded guilty and agreed to pay $43.7 million in restitution of ill-gotten gains.
In 2013, a research analyst at Morgan Stanley coined the term the “Fragile Five”, referring to countries most affected by the Fed’s tapering. Initially, the list consisted of Indonesia, South Africa, Turkey, Brazil and India.
The South Jakarta District Court ordered Goldman Sachs Group to pay Rp 320.8 billion ($24 million) in damages to the founder of PT Hanson International, for what was ruled to be an “illegal transaction” to buy shares in the property developer.
An Indonesian court ordered Goldman Sachs Group Inc. to pay Rp 320.8 billion ($24 million) in damages to the founder of PT Hanson International, for what was ruled to be an “illegal transaction” to buy shares in the property developer.
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