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    Goldman Sachs Faces Charges In Malaysia Over Massive Corruption Scandal

    by Camila Domonoske Dec 17, 2018 2 minutes
    The Goldman Sachs headquarters in Manhattan, as shown on Dec. 17. Malaysia has filed criminal charges against Goldman Sachs and two of its former executives on Monday over their alleged role in the ransacking of a multibillion-dollar state investment fund.

    The U.S. bank Goldman Sachs is facing criminal charges in Malaysia in connection with a massive corruption scheme known as the 1MDB scandal.

    That scandal — involving billions of dollars allegedly siphoned from the "1MDB" development fund — has already brought down Malaysia's former prime minister. Several of the

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