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Anwar Assigns Johari Ghani To Head Task Force Aimed At Resolving Issues Pertaining To 1MDB Scandal

today10 March 2023

Background


Titiwangsa MP Johari Ghani has been chosen by Prime Minister Anwar Ibrahim to spearhead a task force entrusted to β€œresolve issues” associated with the 1MDB affair.

Anwar endorsed Johari’s criticism of the US$2.5 billion settlement that Putrajaya reached with Goldman Sachs over the affair, as reported by Bloomberg. This settlement was reached during the premiership of Muhyiddin Yassin in 2020.

Anwar disagreed with prior rulings on the 1MDB crisis settlement with Goldman Sachs during a Dewan Rakyat session yesterday, claiming the sanctions were too lax. The investment bank, according to Anwar, was β€œprofiting off of Malaysia’s suffering and anguish”.

The Goldman Sachs settlement with the Muhyiddin-led administration in 2020 comprised the bank paying the Malaysian government US$2.5 billion in cash and promising the repatriation of US$1.4 billion in 1MDB assets that had been confiscated by international…

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Written by: Lara Kramer


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