Lim Guan Eng allowed bail of RM1 million
PENANG UNDER SEA TUNNEL PROJECT SCANDAL KUALA LUMPUR: Former Finance Minister Lim Guan Eng who pleaded not guilty in the Sessions Court here yesterday to a charge with soliciting gratification to help a company to secure the Penang undersea tunnel project, was allowed bail of RM1 million with two sureties. Judge Azura Alwi allowed Lim, […]
Goldman Sachs to pay $3.9 bln to Malaysia to settle 1MDB dispute
BY ROZANNA LATIFF AND JOSEPH SIPALAN KUALA LUMPUR: U.S. investment bank Goldman Sachs has reached a $3.9 billion settlement with the Malaysian government over the multibillion-dollar 1MDB scandal, the two sides said on Friday. The deal includes a $2.5 billion cash payout by Goldman and a guarantee by the bank to return at least $1.4 […]
