How much money is involved in the 1MDB bond scandal linked to Goldman Sachs?

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US$6.5 Billion in Bonds Linked to Goldman Sachs and 1MDB

The prosecution in the case involving Goldman Sachs Group Inc is seeking to transfer proceedings to the High Court, concerning criminal charges tied to US$6.5 billion worth of bonds associated with 1Malaysia Development Berhad (1MDB). This legal action stems from allegations surrounding the issuance and sale of these bonds.
Charges Related to Bond Sales

Goldman Sachs faces four charges filed in December of the previous year, pertaining to alleged omissions of material facts during the sales of bonds between a subsidiary of 1MDB and Aabar Investment PJS Ltd. These alleged offences occurred at 1Malaysia Development Berhad, located at Level 8, Menara IMC, No. 8, Jalan Sultan Ismail, Kuala Lumpur, between March 19, 2012, and November 11, 2013.
Legal Framework and Potential Penalties

The company has been charged under Section 179(c) of the Capital Markets and Services Act 2007, with penalties provided under Section 182 of the same Act. Conviction could lead to imprisonment for a term not exceeding 10 years and a fine of not less than RM1 million.
Broader Allegations of Misappropriation

Beyond the specific charges against Goldman Sachs, the United States Department of Justice has alleged that approximately US$4.5 billion was misappropriated from 1MDB between 2009 and 2014. This wider context involves former Goldman Sachs banker Roger Ng Chong Hwa, who has also claimed trial to four counts of abetting the company in relation to the sale of the same guaranteed notes and bonds through the omission of material facts and the making of false statements.

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How much money is involved in the 1MDB bond scandal linked to Goldman Sachs?

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