Malaysia determined to get back 1MDB funds from Goldman Sachs, says PM Anwar

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Malaysia determined to get back 1MDB funds from Goldman Sachs, says PM Anwar
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KUALA LUMPUR, Sept 13 — Prime Minister Datuk Seri Anwar Ibrahim said he will do all it takes to recover 1Malaysia Development Bhd’s (1MDB) funds from Goldman Sachs. He said...

KUALA LUMPUR, Sept 13 — Prime Minister Datuk Seri Anwar Ibrahim said he will do all it takes to recover 1Malaysia Development Bhd’s funds from Goldman Sachs.

He said when asked “how far are you willing to go if Goldman Sachs did not cooperate?” by Bloomberg’s Haslinda Amin at the Milken Institute 10th Annual Asia Summit.“But I think I would convey clearly to Goldman Sachs that we have to put an end to this. But it depends on them. They have to be forthcoming. They cannot shy away.

“You can consider some banana republic that you can squander and they leave us alone. No. We will not stop at that, because it’s not my money,” he said. Anwar stressed that the government wants to return back the funds to the people for their education, public health and basic amenities.“Most of it . Goldman Sachs has not been forthcoming. Till now. So I’ll be in New York next week and will take a tougher line. They must at least negotiate what’s the problem.

“It had been agreed by my predecessor. I have issues to raise, just listen to our case. And some issues can be resolved amicably. I don’t think it should be prolonged,” he said.

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