Thomas is leading Malaysia’s criminal case against Goldman Sachs, which was launched last year when charges were laid against three of the bank’s units. In August, Malaysia announced additional charges against 17 former and current directors, including Vice Chairman Richard J. Gnodde, who heads its international business in London, and and J. Michael Evans, a former partner who’s now president of Alibaba Group Holding Ltd.
KUALA LUMPUR (Dec 22): Malaysia’s top prosecutor said he’s ready to ratchet up a criminal case against Goldman Sachs Group Inc. for its role in the 1MDB affair by bringing executives of the U.S. bank to court, as the two sides remain far apart following several rounds of settlement talks.
When the time is right, Malaysia will press ahead with the prosecution of more than a dozen current and former Goldman Sachs directors “because we need them in the dock,” Attorney General Tommy Thomas said in a Friday interview. “The 17 directors committed crime in Malaysia, which is why they are being charged, so there is no reason why we are not going against them.”
