Law minister says can’t divulge Putrajaya’s 1MDB-Goldman Sachs settlement due to confidentiality clause

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Title : Law minister says can’t divulge Putrajaya’s 1MDB-Goldman Sachs settlement due to confidentiality clause
Category : Malaysians

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Law minister says can’t divulge Putrajaya’s 1MDB-Goldman Sachs settlement due to confidentiality clause

Minister in charge of parliament and law Datuk Takiyuddin Hassan speaks during a press conference in Putrajaya May 8, 2020. — Bernama picKUALA LUMPUR, Nov 17 — Minister Datuk Takiyuddin Hassan said that the settlement agreement between the government, 1Malaysia Development Berhad (1MDB) and banking titan Goldman Sachs remains bound by a confidentiality clause.In a written reply to PKR’s Subang MP Wong Chen, the de facto law minister said MPs cannot be given full access to it due to the clause, which can only be overridden by the agreement of all parties involved. “This confidentiality clause is also applicable for provisions regarding the US$1.4 billion (RM5.75 billion) guarantee from Goldman Sachs on the stolen assets,” the PAS MP said, in a reply that has since been shared by Wong on social media.“Therefore, based on the said confidentiality clause, the government is unable t…

Minister in charge of parliament and law Datuk Takiyuddin Hassan speaks during a press conference in Putrajaya May 8, 2020. — Bernama picKUALA LUMPUR, Nov 17 — Minister Datuk Takiyuddin Hassan said that the settlement agreement between the government, 1Malaysia Development Berhad (1MDB) and banking titan Goldman Sachs remains bound by a confidentiality clause.In a written reply to PKR’s Subang MP Wong Chen, the de facto law minister said MPs cannot be given full access to it due to the clause, which can only be overridden by the agreement of all parties involved. “This confidentiality clause is also applicable for provisions regarding the US$1.4 billion (RM5.75 billion) guarantee from Goldman Sachs on the stolen assets,” the PAS MP said, in a reply that has since been shared by Wong on social media.“Therefore, based on the said confidentiality clause, the government is unable t…


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