Malaysia said Friday that Goldman Sachs has agreed to pay $3.9 billion in exchange for the government dropping all criminal charges against the U.S. investment banking giant for its role in raising bonds for the scandal-plagued state fund, 1Malaysia Development Berhad."Goldman Sachs has agreed to a total settlement of $3.9 billion to resolve outstanding charges and claims related to the three bond transactions that the company structured and arranged for 1MDB," the Finance Ministry said in a statement.Malaysia has filed charges against three units of Goldman Sachs based in London, Hong Kong…READ FULL ARTICLE
