Goldman SachEssenceThe Ama company agents were surprised by this, thinking that Goldman Sachs started international arbitration procedures too early.
Today, Malaysia reported that the chairman of the Agents of the Malaysian Company Sahari pointed out on Thursday (October 12) that Goldman Sachs needs to pay Malaysia 250 million US dollars (about S $ 340.44 million) temporaryFor compensation, the two parties are still starting "good intentions."
He said: "The Agent team of the Yima Company was very surprised by the behavior of Goldman Sachs Group, because the two parties were still in good faith to solve any disputes with friendship. However, in view of the recent incidents, the Malaysian KingdomThe government will prepare to respond and ensure that this process follows the established legal framework, while ensuring that the interests of the Malaysian people are guaranteed. "
Zohar is also a member of the UMNO Titidwangsha.He said that Goldman Sachs was obliged to pay $ 250 million on August 18 last year, but the Malaysian government later agreed to extend this period four times.
He pointed out that the Malaysian government was postponed for three months each time, and the latest fourth extension was the deadline on November 8.
He explained that this means that the two sides are still in the stage of "goodwill negotiation", and the Malaysian country as the victim believes that Goldman Sachs provoked arbitration lawsuits is still too early, and there is no appropriate consideration to consider the necessary prerequisites appropriately.condition.He questioned Goldman Sachs to shift the focus.
Reuters reported on Thursday that Goldman Sachs sued the Malaysian government in the London International Arbitration Institute on Wednesday and did not appropriately evaluate the assets guaranteed by Goldman Sachs and recovered other assets. Therefore, international arbitration was required.
In July 2020, the Malaysian government led by Goldman Sachs and then Prime Minister Muyudin reached a settlement agreement with a total amount of 3.9 billion U.S. dollars on the case of the Malaysian Company, including $ 2.5 billion in cash, and 1.4 billionUS dollar asset guarantee.
Zohari pointed out that according to this settlement agreement, if Malaysia fails to recover $ 500 million in assets before August 18 last year, Goldman Sachs will be obliged to pay temporary payment of $ 250 million.
Goldman Sachs submitted documents last year, referring to the differences with the Malaysian government on compensation, accusing Malaysia unilaterally reduce the value of US $ 80 million in assets, and at the same time refused to include a large amount of additional assets into the calculation of compensation.Goldman Sachs pointed out that the two sides have three months to resolve the dispute, otherwise the arbitration will be submitted.
