PUTRAJAYA filed charges against 17 current and former directors of three Goldman Sachs subsidiaries, Attorney-General Tommy Thomas said today.
The three subsidiaries are Goldman Sachs International, Goldman Sachs (Asia) LLC, and Goldman Sachs (Singapore) Pte, he said in a statement on the Attorney-General’s Chambers Twitter account.
The new charges pertain to charges filed in December last year against the same three subsidiaries, as well as former Goldman Sachs employees Tim Leissner and Roger Ng, and former 1Malaysia Development Bhd executive Jasmine Loo Ai Swan and fugitive businessman Low Taek Jho.
Thomas said among those charged today were directors at the three Goldman Sachs subsidiaries between May 2012 and March 2013 and that it was their actions that had brought about the charges against employers
They are charged are under Sections 367(1) and 179 of the Capital Markets and Services Act (CMSA) 2007.
In the December case, the three Goldman Sachs subsidiaries, Leissner, Ng, Loo and Low were charged with perpetrating a scheme to defraud the government of Malaysia and purchasers of three 1MDB bonds.
The bonds which had a face value of US$6.5 billion had been underwritten and arranged by Goldman Sachs, and issued by 1MDB subsidiaries.
The charges hold that the bonds were issued under false or misleading statements to“dishonestly misappropriate billions from the bond proceeds”.
The 17 people charged today are Richard John Gnodde, Brian Griffiths, Michael Sydney Sherwood, Robin Antony Vince, and Claes Ake Gustaf Dahlback formerly or currently of Goldman Sachs International; Oliver Robert Morgan Bolitho, Matthew Thayer Freemont-Smith, Frederick Towfigh, Archie William Parnell,Ronald Suk Bae Lee, Richard Mark Campbell-Breeden, Keith Leslie Hayes,Amol Sagun Naik, John Michael Evans, and Dimitrios Kavvathas formerly or currently of Goldman Sachs (Asia) LLC; and Goh Boon Leng and Liow Chang Lee formerly or currently of Goldman Sachs (Singapore) Pte.
THE MALAYSIAN INSIGHT