Goldman Must Bear Responsibility in 1MDB Scandal, Malaysia's Anwar Says

The transcript discusses the 1MDB scandal involving Goldman Sachs, highlighting potential criminal charges and negotiations for a settlement. The Finance Minister suggests dropping charges if Goldman pays $7.5 billion. The discussion covers the crimes committed, including a $600 million commission, and the impact on Malaysia's economy. The government is firm on not compromising, emphasizing the need for accountability. The transcript also addresses the justification of penalties and the importance of ethical standards and safeguards against foreign institutions.

How can Malaysia safeguard itself against potential misconduct by foreign banks?

What are the ethical standards expected from leaders in financial institutions according to the text?