What is the value of assets to be recovered from Goldman Sachs?

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Goldman Sachs Settlement Includes Asset Recovery Component Valued at US$1.4 Billion

The settlement reached with Goldman Sachs concerning its role in arranging bonds for 1Malaysia Development Berhad (1MDB) includes a guarantee for the recovery of assets valued at a minimum of US$1.4 billion (RM5.9 billion). This stipulated asset recovery value is part of a larger settlement package amounting to US$3.9 billion (RM16.6 billion) in total.
Asset Recovery Guarantee

The agreement with Goldman Sachs specifies a commitment to recover assets with a full recovery value of at least US$1.4 billion. These assets are identified as being traceable to the proceeds that were diverted from the three bond transactions arranged by the bank for 1MDB.
Total Settlement Value

The overall settlement figure agreed upon with Goldman Sachs stands at US$3.9 billion. This comprehensive amount encompasses both a direct cash payment and the aforementioned guaranteed asset recovery.
Overall Repatriated Funds

When combined with funds and assets previously secured from the US Department of Justice, the total sum of recovered funds to be repatriated to Malaysia reaches US$4.5 billion (RM19.1 billion). This figure represents the cumulative amount recovered across various avenues related to the 1MDB scandal.
Additional Asset Recovery Assistance

Beyond the guaranteed value, Goldman Sachs has also agreed to assist the Malaysian government in recovering assets situated outside the country. This assistance will be provided by appointing an asset recovery specialist, with Goldman Sachs bearing all associated costs.

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What is the value of assets to be recovered from Goldman Sachs?

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