SINGAPORE -- The Malaysian government stepped up pressure Tuesday on Goldman Sachs to pay back the $600 million in fees it earned from arranging three bond deals for state fund 1Malaysia Development Bhd in 2012 and 2013 as the investment bank comes under intense scrutiny in the U.S.
The scrutiny is due to former Goldman employees' role in arranging those three deals that raised a total of $6.5 billion for scandal-tainted 1MDB.
