Goldman Sachs Takes Legal Action Against Malaysia for 1MDB Settlement

Goldman Sachs has filed a lawsuit against Malaysia over the country's refusal to accept a $2.5 billion settlement in connection with the 1MDB scandal. The investment bank argues that Malaysia's decision to reject the settlement is a breach of an agreement reached last year. Malaysia has accused Goldman Sachs of misleading investors and seeks a higher settlement amount. The lawsuit adds to the legal woes faced by Goldman Sachs in relation to the 1MDB scandal.