The charges unsealed by the US Department of Justice (DoJ) around the 1MDB scandal on Thursday drag Goldman Sachs right back into the mire it has spent the past few years deftly escaping.
It’s not just the fact that two former Goldman Sachs bankers, Tim Leissner and Roger Ng, face charges. These charges were expected, both men have long since left the bank, and Goldman appears to have convinced many regulators that they were rogues acting alone – a version of events the Monetary Authority of Singapore, for example, seems to have accepted.
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