KUALA LUMPUR -- Malaysia on Thursday said Goldman Sachs' filing for arbitration proceedings against the government is an attempt to "detract and divert attention" from an obligation to pay it $500 million as part of a settlement over sovereign wealth fund 1Malaysia Development Berhad (1MDB).
The government's 1MDB task force committee on asset recovery expressed surprise at the Wall Street bank's action, reportedly at a court in London, as it believes the parties are still in good-faith discussions over an amicable resolution.
