Goldman Sachs apology not enough: Malaysian Finance Minister insists on US$7.5b compensation

KUALA LUMPUR: The apology by Goldman Sachs is not sufficient and it has to compensate Malaysia considering the role played by its former banker in the 1Malaysia Development Berhad (1MDB) scandal, said Finance Minister Lim Guan Eng on Friday (Jan 18).  This came after Goldman Sachs’ chief executive officer David Solomon apologised to the Malaysian people […]

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Ghosn appeals against Japan bail rejection

TOKYO: Lawyers for former Nissan boss Carlos Ghosn on Thursday (Jan 17) appealed against a decision by a Tokyo court to refuse him bail, as he faces charges on three counts of financial misconduct. Since his stunning arrest on Nov 19 the auto tycoon has languished in a Tokyo detention centre, facing questioning over allegations he […]

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