Ex-Goldman Partner’s Testimony Sought in Investor Suit Over 1MDB
- Plaintiffs want to question Toby Watson and two other men
- The suit claims Goldman brass misled investors about 1MDB
Jho Low
Photographer: Michael Loccisano/Getty Images
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Goldman Sachs Group Inc. investors are seeking sworn testimony from a former partner at the bank as part of a class action lawsuit accusing the bank and its top management of making misleading statements about the 1MDB scandal.
Toby Watson played “an integral role” in structuring bond deals for the Malaysian sovereign wealth fund, plaintiffs led by Swedish pension fund Sjunde AP-Fonden told a Manhattan federal judge in a court filing. Watson was a managing director in the bank’s Hong Kong office at the time, according to the filing.