The Goldman Sachs settlement: A burning issue – and a smokescreen

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Despite loud chest-thumping on the issue, recent developments in the never-ending 1MDB saga have raised questions as to whether the Perikatan Nasional (PN) government is serious about rooting out corruption in Malaysia.Events over the last week have seen both ex-prime minister Najib Razak and former Goldman Sachs banker Roger Ng Kok Wah complain that the US government was withholding evidence that could help them in their respective cases.Whether this is true and whether it is being done deliberately to stifle their cases, as Najib and Ng claim, is left to be seen.Apart from the cases against Najib and Ng, there is a much larger dimension to what is going on.On Nov 1, 2018, the US Department of Justice (DoJ) announced that fugitive businessman, Low Taek Jho, a.k.a. Jho Low, along with Ng, had been indicted for conspiring to launder billions of dollars in 1MDB funds, and had pa…