Mystery Goldman Exec at 1MDB Meeting Signals New Woes for Bank
- ‘High-ranking’ exec met with Jho Low after years of red flags
- In unsealed filing, a 2013 meeting and jewels for Najib’s wife
Photographer: Chris Jung/NurPhoto via Getty Images
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When Malaysian Prime Minister Najib Razak visited New York in September 2013, a senior Goldman Sachs Group Inc. official went out to greet him.
At the time, that would have seemed fitting: Malaysia had been good to Goldman Sachs. Three bond offerings from the country’s 1MDB wealth fund, controlled by Najib, had already generated about $600 million in fees for the bank. But now, previously unreported details of that gathering at the Time Warner Center overlooking Manhattan’s Central Park could prove damaging for Goldman Sachs.