{"id":93142,"date":"2020-10-20T06:25:00","date_gmt":"2020-10-20T03:25:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/goldman-to-settle-justice-departments-1mdb-probe-for-more-than-2-billion-report\/"},"modified":"2020-10-20T06:25:00","modified_gmt":"2020-10-20T03:25:00","slug":"goldman-to-settle-justice-departments-1mdb-probe-for-more-than-2-billion-report","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/goldman-to-settle-justice-departments-1mdb-probe-for-more-than-2-billion-report\/","title":{"rendered":"#\n  Goldman to settle Justice Department\u2019s 1MDB probe for more than $2 billion: report"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a4ea67f07723\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a4ea67f07723\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/goldman-to-settle-justice-departments-1mdb-probe-for-more-than-2-billion-report\/#Bank_could_end_up_paying_around_5_billion_for_role_in_Malaysian_scandal\" >Bank could end up paying around $5 billion for role in Malaysian scandal<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/goldman-to-settle-justice-departments-1mdb-probe-for-more-than-2-billion-report\/#The_1_Malaysia_Development_Berhad_1MDB_logo_is_seen_through_the_window_of_a_car_in_Kuala_Lumpu_Malaysia_in_2016\" >The 1 Malaysia Development Berhad (1MDB) logo is seen through the window of a car in Kuala Lumpu, Malaysia, in 2016.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/goldman-to-settle-justice-departments-1mdb-probe-for-more-than-2-billion-report\/#Mike_Murphy\" >Mike Murphy<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong>#<br \/>\n  Goldman to settle Justice Department\u2019s 1MDB probe for more than $2 billion: report<br \/>\n<\/strong>&#8221;<\/p>\n<h2 class=\"article__subhead\" itemprop=\"alternativeHeadline\"><span class=\"ez-toc-section\" id=\"Bank_could_end_up_paying_around_5_billion_for_role_in_Malaysian_scandal\"><\/span>\n  Bank could end up paying around $5 billion for role in Malaysian scandal<br \/>\n<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><\/p>\n<div class=\"column column--full article__content\">\n<div id=\"js-article__body\" class=\"article__body article-wrap at16-col16 barrons-article-wrap\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0000038934\">\n<div class=\"barrons-article-ad-wrapper\">\n<div data-track=\"barrons-article-ad-wrap\" class=\"barrons-article-ad sticky_item\">\n<div class=\"barrons-main-article-ad-target sticky_target body_ad\" aria-hidden=\"true\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div data-layout=\"inline\n              \" data-layout-mobile=\"\" class=\"\n        media-object\n        type-InsetMediaIllustration\n          inline\n  article__inset\n        article__inset--type-InsetMediaIllustration\n          article__inset--inline\n  \"><\/p>\n<figure class=\"\n        media-object-image\n        enlarge-image\n        renoImageFormat-\n        img-inline\n        article__inset__image\n      \" itemscope itemtype=\"http:\/\/schema.org\/ImageObject\"><\/p>\n<div style=\"padding-bottom:66.5625%;\" data-mobile-ratio=\"66.5625%\" data-layout-ratio=\"66.5625%\" data-subtype=\"\" class=\"image-container  responsive-media article__inset__image__image\">\n        <img decoding=\"async\" srcset=\"https:\/\/images.mktw.net\/im-247031?width=140&amp;size=1.5023474178403755 140w,\nhttps:\/\/images.mktw.net\/im-247031?width=540&amp;size=1.5023474178403755 540w,\nhttps:\/\/images.mktw.net\/im-247031?width=620&amp;size=1.5023474178403755 620w,\nhttps:\/\/images.mktw.net\/im-247031?width=700&amp;size=1.5023474178403755 700w,\nhttps:\/\/images.mktw.net\/im-247031?width=860&amp;size=1.5023474178403755 860w,\nhttps:\/\/images.mktw.net\/im-247031?width=1260&amp;size=1.5023474178403755 1260w\" sizes=\"(max-width: 140px) 100px,\n(max-width: 540px) 500px,\n(max-width: 620px) 580px,\n(max-width: 700px) 660px,\n(max-width: 860px) 820px,\n1260px\" src=\"https:\/\/images.mktw.net\/im-247031?width=620&amp;size=1.5023474178403755\" data-enlarge=\"https:\/\/images.mktw.net\/im-247031?width=1260&amp;size=1.5023474178403755\" alt=\"\" title=\"The 1 Malaysia Development Berhad (1MDB) logo is seen through the window of a car...\"><\/div><figcaption class=\"wsj-article-caption article__inset__image__caption\" itemprop=\"caption\">\n<h4 class=\"wsj-article-caption-content\"><span class=\"ez-toc-section\" id=\"The_1_Malaysia_Development_Berhad_1MDB_logo_is_seen_through_the_window_of_a_car_in_Kuala_Lumpu_Malaysia_in_2016\"><\/span>The 1 Malaysia Development Berhad (1MDB) logo is seen through the window of a car in Kuala Lumpu, Malaysia, in 2016. <span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>      <span class=\"wsj-article-credit article__inset__image__caption__credit\" itemprop=\"creator\"><br \/>\n            AFP\/Getty Images<br \/>\n          <\/span><br \/>\n  <\/figcaption><\/figure>\n<\/div>\n<p>       Goldman Sachs Group Inc. has agreed to a more-than-$2 billion settlement with the U.S. Justice Department for its role in Malaysia\u2019s 1MDB scandal, Bloomberg <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> reported Monday night.<\/p>\n<p> The deal, expected to be announced in the coming days, will let the bank avoid a criminal conviction, <a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-10-20\/goldman-poised-to-pay-more-than-2-billion-in-doj-s-1mdb-probe?sref=Oeyjq8by\" class=\"icon none\">Bloomberg reported<\/a>.<\/p>\n<div class=\"paywall\">\n       In August, Goldman<br \/>\n        GS,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/209237603\/composite\" class=\"negative\">-0.25%<\/bg-quote><br \/>\n       slashed its second-quarter earnings after restating its figures to include a separate $3.9 billion settlement with the Malaysian government, including $2.5 billion that Goldman will pay directly to Malaysia.<\/p>\n<p>The scandal has been a dark cloud of uncertainty over Goldman\u2019s finances for years, and could cost the investment bank around $5 billion between the two settlements.<\/p>\n<p>The 1MDB scandal involved the theft of billions of dollars from Malaysia\u2019s state investment fund, which was allegedly laundered by then-Malaysian Prime Minister Najib Razak\u2019s associates. Razak was convicted on corruption charges in July. A number of Goldman Sachs executives faced criminal charges in Malaysia, but Goldman claimed they were acting on their own and that it had no knowledge of their actions.<\/p>\n<\/div>\n<\/div><\/div>\n<p><\/p>\n<div class=\"byline article__byline\">\n<p>      <span>By<\/span><\/p>\n<div class=\"author  hasMenu\" data-scrim='{\"type\":\"author\",\"header\":\"Mike Murphy\",\"subhead\":\"The Wall Street Journal\",\"list\":[]}' itemscope itemprop=\"author\" itemtype=\"http:\/\/schema.org\/Person\">\n<h4 itemprop=\"name\"><span class=\"ez-toc-section\" id=\"Mike_Murphy\"><\/span>Mike Murphy<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/p><\/div>\n<\/div>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener noreferrer\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"http:\/\/www.marketwatch.com\/news\/story.asp?guid=%7B21004575-02D4-D4B5-4572-D981675A6A30%7D&#038;siteid=rss&#038;rss=1\" target=\"_blank\" rel=\"noopener noreferrer\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Goldman to settle Justice Department\u2019s 1MDB probe for more than $2 billion: report &#8221; Bank could end up paying around $5 billion for role in Malaysian scandal The 1 Malaysia Development Berhad (1MDB) logo is seen through the window of a car in Kuala Lumpu, Malaysia, in 2016. AFP\/Getty Images Goldman Sachs Group Inc&#8230;.<\/p>\n","protected":false},"author":1,"featured_media":93143,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[],"class_list":["post-93142","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/93142","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=93142"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/93142\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/93143"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=93142"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=93142"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=93142"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}