This article is 6 months old
MP wants RCI over 'one-sided' 1MDB settlement with Goldman Sachs
PARLIAMENT | A lawmaker has called for the formation of a royal commission of inquiry (RCI) to investigate the 2020 settlement agreement between the previous government and Goldman Sachs over the recovery of 1MDB assets.
Chong Zhemin (Harapan-Kampar) questioned how such a “one-sided” deal could have been struck, allowing the Wall Street bank to pay only US$2.5 billion (RM11.8 billion) out of an initially agreed US$3.9 billion settlement.
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