Tag: Low Jho (1981- )

Goldman Sachs Unit Pleads Guilty Over Fraud Scheme

Goldman Sachs admitted its Malaysian subsidiary “knowingly and willingly” conspired to violate the Foreign Corrupt Practices Act because some former employees paid bribes to officials there in connection with the looting of a sovereign wealth fund, a scandal that toppled that country’s leader and triggered criminal cases that spanned the globe. The subsidiary pleaded guilty […]

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Elliott Broidy Pleads Guilty in Foreign Lobbying Case

WASHINGTON — Elliott Broidy, a former top fund-raiser for President Trump, pleaded guilty on Tuesday to conspiring to violate foreign lobbying laws as part of a covert campaign to influence the administration on behalf of Chinese and Malaysian interests. Mr. Broidy, 63, agreed to forfeit $6.6 million to the federal government and to cooperate with […]

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Goldman Sachs Is Said to Admit Mistakes in 1MDB Scandal

An Asian subsidiary of Goldman Sachs will plead guilty to charges in the United States to resolve a foreign corruption and bribery case over the looting of billions of dollars from a Malaysian sovereign wealth fund, according to a person familiar with the agreement. The Wall Street bank’s parent company will admit mistakes, the person […]

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Trump Fund-Raiser Elliott Broidy Charged in Lobbying Case

WASHINGTON — Federal prosecutors have charged a California businessman who was a top fund-raiser for President Trump in connection with a foreign influence operation that included lobbying the administration to help Malaysian and Chinese interests. The fund-raiser, Elliott Broidy, 63, was charged with a single count of conspiring to violate foreign lobbying laws, according to […]

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