Malaysian AG Sees 1MDB Trial in Mid-2020

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.

What are the potential financial implications for Malaysia if a settlement is reached with Goldman Sachs?

What preparations is Malaysia making for the upcoming trial against Goldman Sachs?