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Malaysia’s Finance Minister Wants Goldman’s $7.5 Billion, Not an Apology

By Tony Seruga

Lim Guan Eng seeks full reimbursement and reparations for the money the 1MDB fund raised with the investment bank’s help

PUTRAJAYA, Malaysia—Malaysia’s finance minister waved off an apology from Goldman Sachs Chief Executive David Solomon for the role of one its then-bankers in the scandal surrounding state investment fund 1Malaysia Development Bhd., saying it wasn’t enough.

Lim Guan Eng said Friday that the only apology that would matter is one that comes with full reimbursement and reparations for the $6.5 billion the 1MDB fund raised with the investment bank’s help. Prosecutors say much of the money was later siphoned off, with several hundred…

Malaysia’s Finance Minister Wants Goldman’s $7.5 Billion, Not an Apology

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