1MDB task force mulls legal action against several foreign banks
KUALA LUMPUR: The 1Malaysia Development Bhd (1MDB) Asset Recovery Task Force is considering legal proceedings against several foreign banks that facilitated fund transfers related to 1MDB without conducting proper know your client (KYC) processes at the material time.
Kuala Lumpur Johari Abdul Ghani Goldman Sach Malaysia Development Bhd International Petroleum Investment Company Goldman Sachs
Source: thestar.com.my