Malaysia seeks $7.5 billion in damages from Goldman Sachs
Malaysia is seeking $7.5 billion in reparations from Goldman Sachs over its business with scandal-hit state investment fund 1MDB. Malaysia argued that Goldman should return $6.5 billion it helped raise for the fund which "were not used for national development but was siphoned out". It also said Goldman should return $1 billion to cover the $600-million fees paid to it.