Goldman Sachs: Part 1 – Introduction

A resolution in the biggest Foreign Corrupt Practices (FCPA) corruption scandal was announced last week, involving The Goldman Sachs Group, Inc., (Goldman Sachs) and its subsidiary Goldman Sachs (Malaysia) Sdn. Bhd. (GS Malaysia). According to the Department of Justice Press Release, they “admitted to conspiring to violate the Foreign Corrupt Practices Act (FCPA) in connection with a scheme to pay over $1 billion in bribes to Malaysian and Abu Dhabi officials to obtain lucrative business for...
By: Thomas Fox

Compliance Evangelist