Goldman sues Malaysia as 1MDB settlement dispute escalates

October 12, 2023

PUBLISHED : 12 Oct 2023 at 12:08

A construction worker talks on the phone in front of a 1Malaysia Development Berhad (1MDB) billboard at the Tun Razak Exchange development in Kuala Lumpur, Malaysia, on Feb 3, 2016. (Photo: Reuters)

NEW YORK – Goldman Sachs Group Incorporated took the unusual step of suing Malaysia in a UK court amid festering disagreement over a settlement tied to its role in the 1MDB investment-fund scandal.

Executives at the Wall Street firm have grown increasingly frustrated with…