Malaysian AG Sees 1MDB Trial in Mid-2020

Malaysian AG Sees 1MDB Trial in Mid-2020

Assessment

Interactive Video

Business, Geography, Science, Social Studies

University

Hard

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The transcript discusses the ongoing settlement negotiations between Goldman Sachs and the US, highlighting a potential guilty plea from an Asian unit and a $2 billion fine. Malaysia's position remains unaffected by US developments, focusing on its national interests. Despite ongoing talks, a significant gap remains between Malaysia and Goldman Sachs. Malaysia is preparing for trial while keeping the door open for settlement. The financial burden of bonds structured by Goldman Sachs is a key concern, with Malaysia seeking repayment of principal and interest. The legal strategy involves preparing for trial, regardless of Goldman Sachs' actions.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the potential financial penalty Goldman Sachs might face in its negotiations with the United States?

$4 billion

$1 billion

$2 billion

$3 billion

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Malaysia view the impact of US negotiations on its own legal proceedings against Goldman Sachs?

It helps Malaysia's case

It has no impact on Malaysia's case

It delays Malaysia's case

It significantly affects Malaysia's case

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Malaysia's primary argument regarding the bonds structured by Goldman Sachs?

The bonds were a minor financial issue

The bonds were necessary for Malaysia's development

The bonds were not needed and were imposed on Malaysia

The bonds were beneficial for Malaysia

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the estimated total financial burden on Malaysia due to the bonds, including interest?

$8 to $9 billion

$7 billion

$10 billion

$6.5 billion

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When is Malaysia hoping to have the trial against Goldman Sachs?

End of this year

Beginning of next year

End of next year

Middle of next year