Goldman Sachs International has rejected allegations that it made "unlawful" trades in the shares of a property firm "without the consent" of Benny Tjokrosaputro , the Adrian businessman who owned the 425 million Hanson shares that Goldman traded. The businessman is seeking $ 1.1bn in damages. Goldman said in response that Goldman Sachs International was the legal owner of the Hanson shares. Goldman Sachs bought the shares in "valid" transactions from New York hedge fund Platinum Partners , the bank said in a statement. Executives of Platinum Partners were arrested in December and charged with running a $ 1.1bn fraud. The bank warned the legal dispute may affect foreign investor sentiment towards Indonesia , Southeast Asia's biggest economy.
Goldman Sachs International has rejected allegations that it made "unlawful" trades in the shares of a property firm "without the consent" of Benny Tjokrosaputro , the Adrian businessman who owned the 425 million Hanson shares that Goldman traded. The businessman is seeking $ 1.1bn in damages. Goldman Sachs bought the shares in "valid" transactions from New York hedge fund Platinum Partners , the bank said in a statement. Executives of Platinum Partners were arrested in December and charged with running a $ 1.1bn fraud. The bank warned the legal dispute may affect foreign investor sentiment towards Indonesia , Southeast Asia's biggest economy.