KUALA LUMPUR (Aug 9): 17 current and former Goldman Sachs directors belonging to three of its subsidiaries have been slapped with criminal charges over their handling of the 1 Malaysia Development Bhd (1MDB) scandal, with the government seeking custodial sentences.

In a statement today, Attorney-General Tommy Thomas said the 17 individuals connected to Goldman Sachs were slapped with criminal charges filed under Sections 367(1) of the Capital Markets and Services Act, 2007 (CMSA).

This is in addition to the charges already levied against three Goldman Sachs subsidiaries, under Section 179 of the CMSA.

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