1MDB taskforce: Goldman Sachs legal proceedings 'premature'

The special taskforce to recover 1MDB assets was "surprised" by Goldman Sachs' "premature" move to initiate arbitration proceedings against Malaysia.

This was because both parties were currently in the "good faith discussion" stage over Goldman Sach's obligation over a US$250 million interim payment.

"The 1MDB Taskforce Committee (Asset Recovery) is quite surprised at the conduct of Goldman Sachs as parties are still in the stage of good faith discussions to...