KUALA LUMPUR (Nov 21): The International Petroleum Investment Company (IPIC) is suing Goldman Sachs Group Inc for playing a “central role” in the 1Malaysian Development Bhd (1MDB) scandal, which IPIC says caused it “significant financial exposure and losses”.

In a legal action filed in a New York State court today, the Abu Dhabi sovereign wealth fund claims that Goldman Sachs had conspired to bribe its former top executives.

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