Taxpayers to bear cost of Perikatan’s Goldman Sachs ‘deal’

Goldman Sachs made nearly US$6 billion arranging 1MDB’s bond sales. – AFP pic, July 28, 2020.

TAXPAYERS are the ones who will suffer under Perikatan Nasional’s deal with American bank Goldman Sachs in the 1Malaysia Development Bhd scandal, said Dr Mahathir Mohamad.  

The former prime minister, whose government had sued Goldman Sachs over its role in bond sales related to 1MBD, said the bank should be paying US$9.6 billion (RM41 billion) to Malaysia. 

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