AGC files reply to Goldman Sachs request for arbitration


The Attorney-General's Chambers has filed a reply to the London Court of International Arbitration in response to a request for arbitration for a settlement between the government, 1MDB and Goldman Sachs Group, Inc. – EPA pic, November 9, 2023.


THE Attorney-General’s Chambers (AGC) filed a reply yesterday to the London Court of International Arbitration (LCIA) in response to a request for arbitration for a settlement between the government, 1MDB and Goldman Sachs Group, Inc.

The AGC in a statement today said a copy of the reply was sent to Goldman Sachs.

The government must respond to the LCIA registrar within 28 days of the date of the application for the arbitration to be filed.

“On October 11, 2023, Goldman Sachs named the government of Malaysia as the respondent in an arbitration application that was filed with LCIA.

“The application was to seek specific relief arising from the agreement dated August 18, 2020 that was agreed upon between the government of Malaysia, 1Malaysia Development Bhd and Goldman Sachs,” said the statement.

AGC said it was committed to protecting the interests of the country. – Bernama, November 2, 2023.


Sign up or sign in here to comment.


Comments