SINGAPORE (Sept 30): Amid what has turned out to be a week of explosive revelations from a former CEO of the troubled 1Malaysia Development Berhad (1MDB), investment bank Goldman Sachs Group now wants to make amends for its role in the scandal that saw RM2.6 billion siphoned out of Malaysia’s public coffers.

In a Bloomberg TV interview on Sept 25, its president and chief operating officer John Waldron said the bank was looking to put the matter behind it and return the money to Malaysia. “We’re focused on getting it behind us and resolving it in an appropriate manner,” he said. “We want the Malaysian people to be taken care of.”

This comes just before the next hearing in Malaysia’s criminal case against Goldman, which is due to take place in Kuala Lumpur on Sept 30. At the start of the year, Goldman CEO David Solomon had “apologised” to the people of Malaysia for the role of the former head of its Southeast Asian business, Tim Leissner, in the scandal.

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