BREAKING NEWS

BREAKING NEWS

DOJ staff seek Goldman guilty plea in 1MDB settlement - FT

DOJ staff seek Goldman guilty plea in 1MDB settlement - FT
FILE PHOTO: The Goldman Sachs company logo is seen in the company's space on the floor of the New York Stock Exchange, (NYSE) in New York, U.S., April 17, 2018. REUTERS/Brendan McDermid -
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BRENDAN MCDERMID(Reuters)
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(Reuters) - A settlement with Goldman Sachs Group Inc over its role in the 1MDB corruption scandal should include a guilty plea at the parent company level, the U.S. Department of Justice has recommended, according to a Financial Times report on Wednesday.

The internal recommendation by prosecutors is now being considered by senior officials at the DOJ, FT said, citing people familiar with the matter.

Goldman's shares fell 1.5 percent following the report.

(Reporting By Aparajita Saxena in Bengaluru; Editing by Arun Koyyur)

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