Report: Goldman Sachs in talks to avoid guilty plea in 1MDB fraud

Investment giant Goldman Sachs is in talks with US prosecutors to avoid having to plead guilty for its role in the 1MDB corruption cases, according to a report in The New York Times.

It is also asking US Deputy Attorney-General Jeffrey Rosen to review federal prosecutors’ demands that it pay a fine of more than US$2 billion (RM8.6 billion), say sources who spoke to the NYT.

According to the report, the request was made several weeks ago and is...