Goldman Sachs has rejected allegations that it made "unlawful" trades in the shares of a property firm "without the consent" of Benny Tjokrosaputro, the Indonesian businessman who owned the 425 million Hanson shares that Goldman traded. The businessman is seeking $1.1bn in damages. The U.S. bank said the legal dispute may affect foreign investor sentiment toward Southeast Asia’s biggest economy. In an email to BuzzFeed News, Goldman's head of corporate communications, Jennifer Werner, said: "We are confident we acted appropriately and legally. Executives of Platinum Partners were arrested in December and charged with running a $1bn fraud. The bank warned the legal dispute may affect foreign investor sentiment towards Indonesia, Southeast Asia's biggest economy.
Goldman Sachs has rejected allegations that it made "unlawful" trades in the shares of a property firm "without the consent" of Benny Tjokrosaputro, the Indonesian businessman who owned the 425 million Hanson shares that Goldman traded. The businessman is seeking $1.1bn in damages. In an email to BuzzFeed News, Goldman's head of corporate communications, Jennifer Werner, said: "We are confident we acted appropriately and legally. Executives of Platinum Partners were arrested in December and charged with running a $1bn fraud. The bank warned the legal dispute may affect foreign investor sentiment towards Indonesia, Southeast Asia's biggest economy.