View full page at forexfactory.com

 

Jho Low Stole $1.42 Billion From Goldman 1MDB Deals, FBI Agent Says

From bnnbloomberg.ca

Fugitive financier Jho Low, the alleged mastermind of the 1MDB scandal, stole $1.42 billion from bond transactions that Goldman Sachs Group Inc. arranged for the Malaysian wealth fund, an FBI agent who traced the funds testified. Federal Bureau of Investigation agent Eric Van Dorn cited the sum from the witness stand on Monday in the bribery trial of ex-Goldman banker Roger Ng. Former Malaysian prime minister Najib Razak reaped $756 million of the $6.5 billion total, Van Dorn told the jury. And Khadem al-Qubaisi, a former managing director of Abu Dhabi’s state-owned International Petroleum Investment Co., which ... (full story)

Story Stats

  • Posted:
  • Category: Entertainment News