Goldman Sachs criminal case over 1MDB formally ends

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Goldman Sachs criminal case over 1MDB formally ends
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NEW YORK - A U.S. judge on Monday formally ended the U.S. government's criminal case against Goldman Sachs related to the Wall Street bank's work for the Malaysian fund 1MDB after it met its obligations and paid $2.9 billion in penalties.

U.S. and Malaysian authorities have said $4.5 billion was siphoned away, with some diverted to offshore bank accounts and shell companies linked to Low, who is now a fugitive.

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