KUALA LUMPUR, Malaysia - Malaysian prosecutors Tuesday sought a court change for Goldman Sachs’s criminal trial over its role in the alleged multibillion-dollar ransacking of state investment fund 1MDB. Hisyam Teh Poh Teik, a lawyer for Goldman, said prosecutors informed the magistrate court now hearing the case that they had applied to transfer it to the high court. Prosecutors didn’t give any reasons for the transfer but a move to a higher court usually reflects the seriousness of the case. Another 17 more current and former directors at Goldman were charged in August withallegedly conniving to commit the massive fraud. Najib is now on trial for multiple charges of corruption over the 1MDB case and was in the same court building Tuesday for his second trial.

Source: thestar October 22, 2019 06:00 UTC