Wednesday, April 21, 2021

Abu Dhabi’s IPIC files lawsuit against Goldman Sachs over 1MDB case

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Abu Dhabi’s International Petroleum Investment Co (IPIC) said on Wednesday it had filed a lawsuit against U.S. investment bank Goldman Sachs and others to recover losses suffered through its dealings with Malaysian state fund 1MDB. 1Malaysia Development Bhd (1MDB) is the subject of corruption and money-laundering investigations in at least six countries. […]

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