Examining Goldman Sachs’ Role in a Malaysian Corruption Scandal

Examining Goldman Sachs’ Role in a Malaysian Corruption Scandal

  • Case
  • Teaching Notes
Abstract

In October 2020, the investment bank Goldman Sachs agreed to pay nearly USD 5 billion in penalties after criminal charges revealed that the bank’s Malaysian unit had enabled bribery and corruption at the 1Malaysia Development Berhad (1MDB) wealth fund. This case covers the details of the scandal and asks students to discuss the punitive measures taken against the bank.

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