Malaysia files charges against Goldman over 1MDB scandalBy The Manila TimesKUALA LUMPUR: Malaysia filed criminal charges Monday against Goldman Sachs and two of its former employees over the alleged theft of billions of dollars, heaping fresh pressure on the Wall Street titan over the 1MDB scandal. Both former Goldman employees had already been charged over the scandal in the US last month, with Leissner pleading guilty while Ng was arrested in Malaysia. Low Taek Jho, a Malaysian financier accused of masterminding the fraud, was also hit with new charges. As well as Leissner, Ng and Low, Malaysian authorities also charged former 1MDB employee Jasmine Loo Ai Swan. Since his election defeat, Najib has been arrested and hit with dozens of charges over the scandal and is likely facing a long jail term.

Source: Manila Times December 17, 2018 10:30 UTC