Malaysia Said to Privately Discuss $2B-$3B Goldman Penalty Over 1MDB

Malaysia Said to Privately Discuss $2B-$3B Goldman Penalty Over 1MDB

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Business

University

Hard

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The transcript discusses Malaysia's efforts to recover funds from Goldman Sachs related to the 1MDB scandal. Goldman Sachs helped raise $6.5 billion, with $600 million in fees, but much of the money went missing. Malaysia seeks $7.5 billion in reparations but is negotiating for $2-3 billion. The talks are led by a trusted former finance minister, who has experience in renegotiating major projects with China.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main reason Malaysia pursued Goldman Sachs?

To expand their financial services

To establish a new partnership

To invest in new projects

To recover funds lost through 1MDB

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much money did Malaysia publicly demand from Goldman Sachs as reparation?

$5 billion

$10 billion

$7.5 billion

$2 to $3 billion

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the private settlement figure being discussed between Malaysia and Goldman Sachs?

$6 to $7 billion

$4 to $5 billion

$1 to $2 billion

$2 to $3 billion

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is leading the settlement talks on behalf of Malaysia?

A former finance minister

A current prime minister

A foreign diplomat

A business tycoon

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What other negotiation was the key figure involved in besides the Goldman Sachs talks?

A defense pact with Russia

A rail project with China

A technology deal with Japan

A trade agreement with the US