KUALA LUMPUR (Bloomberg): Again and again, Malaysia has publicly demanded Goldman Sachs pay an eye-popping US$7.5bil (RM31.43bil) for its role in the 1MDB scandal. But privately, Malaysian negotiators are considering settling for a fraction of that.
Representatives for Malaysia have discussed figures of around US$2bil to US$3bil (RM8.38bil to RM12.57bil) in talks with the Wall Street bank, according to people with knowledge of the matter. Though a final deal may diverge from that range, it shows what negotiators for the country may be willing to accept.