How much did Goldman Sachs earn in commissions from 1MDB bonds?

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Goldman Sachs Earned US$588 Million in Commissions from 1MDB Bonds

The Malaysian Finance Minister has demanded the return of US$588 million, equivalent to RM2.4 billion, which Goldman Sachs received as commissions for raising US$6.5 billion in bonds for 1MDB in 2012 and 2013. This demand is part of the ongoing legal efforts to recover funds lost in the 1MDB global financial scandal.
Legal Action Continues Against Goldman Sachs

The federal government is committed to pursuing legal action against Goldman Sachs to recover the funds lost due to the 1MDB scandal. The Finance Minister stated that there are no ongoing discussions with the investment bank regarding this matter, but the attorney-general will continue with the legal process.
Background of Bond Issuance

Goldman Sachs was involved in raising US$6.5 billion for 1MDB through bond issuances in 2012 and 2013. The commissions earned by the bank from these transactions have become a focal point in the Malaysian government's efforts to recoup losses.
Criminal Charges Filed

Malaysia has previously filed criminal charges against several current and former directors at Goldman Sachs for their alleged roles in the 1MDB scandal. This includes charges against senior figures within the firm, indicating the seriousness of the government's stance.

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How much did Goldman Sachs earn in commissions from 1MDB bonds?

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