The Goldman Sachs settlement: A burning issue – and a smokescreen

[superadmin]

Why did they have to concede confidentiality? Did it have anything to do with the quantum of compensation? How did a government bent on recovering a “reasonable” sum of US$7.5 billion for the nation’s “agony” and “trauma” agree to receive only one-third of that sum – and with a confidentiality clause, to boot!

Despite loud chest-thumping on the issue, recent developments in the never-ending 1MDB saga have raised questions as to whether the Perikatan Nasional (PN) government is serious about rooting out corruption in Malaysia.


Events over the last week have seen both ex-prime minister Najib Razak and former Goldman Sachs banker Roger Ng Kok Wah complain that the US government was withholding evidence that could help them in their respective cases.

Whether this is true and whether it is being done deliberately to stifle their cases, as Najib and Ng claim, is left to be seen.

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