KUALA LUMPUR: Malaysia's criminal case against US investment bank Goldman Sachs involving US$6.5 billion 1MDB bonds will be postponed to September, a court ruled on Monday , after defence lawyers asked for more time to receive instructions from their clients abroad.
"Under such circumstances, we ask for another date ... so that we will have enough time to take instructions from our clients," lawyer Hisyam Teh told the court.Last December, Malaysian prosecutors had filed charges against the three Goldman Sachs units for misleading investors by making untrue statements and omitting key facts in relation to bond issues that the bank had arranged for 1MDB.
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Malaysia's 1MDB criminal case against Goldman Sachs delayed to SeptemberKUALA LUMPUR (REUTERS) - Malaysia's criminal case against US investment bank Goldman Sachs involving US$6.5 billion (S$8.8 billion) 1MDB bonds will be postponed to September, a court ruled on Monday (June 24), after defence lawyers asked for more time to receive instructions from their clients abroad.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Malaysia's 1MDB criminal case against Goldman Sachs delayed to SeptemberKUALA LUMPUR (REUTERS) - Malaysia's criminal case against US investment bank Goldman Sachs involving US$6.5 billion (S$8.8 billion) 1MDB bonds will be postponed to September, a court ruled on Monday (June 24), after defence lawyers asked for more time to receive instructions from their clients abroad.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »