Mahathir Calls Goldman's Offer to Settle 1MDB `Little' Compared to the `Killing' It Made

Mahathir Calls Goldman's Offer to Settle 1MDB `Little' Compared to the `Killing' It Made

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Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the upcoming Goldman pre-trial, focusing on settlement attempts and financial figures. It highlights the role of the AG in government prosecution and details the settlement offers, including a billion ringgit offer and a total amount of 6.5 billion USD. The discussion also covers interest rates and commissions, noting that Goldman Sachs charged a 10% commission and a 6% interest rate, which is higher than usual for governments. The conversation concludes with a discussion on potential legal actions and the patience required in the process.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What did the speaker say about the willingness of Goldman Sachs to settle outside of court?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors determine when legal action will be taken according to the speaker?

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