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Goldman Sachs pays for its embezzlement

2020-10-23T18:34:16.026Z


The bank pleads guilty. The scandal linked to the 1MDB fund in Malaysia will cost him $ 6 billion.


"

Guilty, Your Honor,"

the Goldman Sachs lawyer replied Thursday in federal court in New York.

The powerful American bank thus acknowledges having participated in the looting of the 1MDB sovereign wealth fund, created to develop the economy of Malaysia.

Read also:

Goldman Sachs involved in the Malaysian 1MDB fund scandal

It is about a vast enterprise of corruption, which made it possible to divert nearly 4 billion dollars spent in

"sumptuous villas in Beverly Hills and New York, yachts, paintings by Van Gogh and Monet",

have pointed to prosecutors.

Gambling debts in Las Vegas casinos were thus covered while the family of Malaysian Prime Minister Najib Razak accumulated mountains of jewelry, luxury handbags ... The sums embezzled in what to date represents the one of the biggest scandals in the history of finance would even have financed the film

The Wolf of Wall Street

, by Martin Scorsese, starring Leonardo DiCaprio!

Royal remuneration

The Malaysian subsidiary of Goldman Sachs admitted that in order to be selected as

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Source: lefigaro

All news articles on 2020-10-23

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