Bond issuer | Goldman Sachs |
A client | 1Malaysia Development Berhad |
Is Current | yes |
Amount | 6,500,000,000 USD |
Goods | 1MDB was set up by Malaysian Prime Minister Najib Razak and has been the subject of intense scrutiny for borrowing $11 billion to fund questionable acquisitions. $6.5 billion of that debt came from three bond deals underwritten by Goldman, whose Southeast Asia chairman Tim Leissner is married to hip hop mogul Russell Simmons’ ex-wife Kimora Lee who, in turn, is good friends with Najib’s controversial wife Rosmah Manso. |