Goldman pleads not guilty in Malaysia 1MDB case
Three units of Goldman Sachs pleaded not guilty Monday in Malaysia over the investment bank's alleged role in the multi-billion-dollar scandal at the country's sovereign wealth fund 1Malaysia Development Berhad (1MDB), official media reported.Huge sums were allegedly looted from the Malaysian fund in a globe-spanning fraud, which reportedly involved ex-leader Najib Razak and his inner circle.Goldman's role has been under scrutiny as it helped arrange a series of bond issues wor