3 ms·
I read the article, it doesnt explain the wrongdoing of goldman. It states they set up the bond offering. Where do you get the information that goldman new abou
by andi999 6y ago
I read the article, it doesnt explain the wrongdoing of goldman. It states they set up the bond offering. Where do you get the information that goldman new about it beeing a private account? Or do you mean it was jho low private account at goldman?
I mean if the board of a sovereign wealth fund assign your bank to raise funds and transfer to a designated account is this wrong, or unusual?
- SpicyLemonZest 6y agoIt's not inherently wrong or unusual, but banks have an affirmative and well-known duty to perform due diligence, to the point where deliberately attempting to evade due diligence or your bank's compliance department is near-ironclad evidence of deliberate wrongdoing. A senior Goldman Sachs official involved in those efforts did indeed plead guilty to knowing about the money laundering. (https://globalinvestigationsreview.com/digital_assets/db4e5755-ccbc-42a6-84d2-3acf3b0a86d9/US-v-John-Doe--transcript-of-Leissner-plea-hearing-(9-November-2018).pdf https://globalinvestigationsreview.com/digital_assets/db4e57...)
- andi999 6y agoThanks. Is the guilty plead about 1mdb?
- SpicyLemonZest 6y agoIt is. It's focused on the benefits that Leissner obtained for himself and Goldman Sachs and the bribes that were paid to facilitate and overlook things, since those are the two aspects subject to US jurisdiction.