00:00 According to a CNA report, the move by Goldman Sachs to initiate arbitration proceedings
00:04 against the government in London over a settlement reached when Muhyiddin Yassin was in power
00:09 to resolve 1MDB's $6.5 billion bond saga could backfire on the former prime minister.
00:16 The CNA report also claimed that the suit may prompt the current government, led by
00:20 Prime Minister Anwar Ibrahim, to declassify the agreement as an official secret.
00:24 The potential move stems from growing sentiment within Anwar's administration, indicating
00:29 concerns about the agreement's unfavorable terms for the country.
00:33 It could also reopen potentially embarrassing dealings by the bank in the affair, including
00:38 how it reached a settlement deal with Muhyiddin's administration.
00:41 The report indicated the government has been heartened by several notable breakthroughs
00:45 related to the 1MDB scandal, which could potentially bolster its position in the dispute with Goldman
00:51 Sachs.
00:52 It's said former Goldman Sachs banker Roger Ng, who returned to Malaysia on Sunday following
00:56 a deal struck with the US authorities, has pledged to provide the government with previously
01:00 undisclosed information relating to 1MDB.
01:04 Another development cited by CNA was an alleged raid conducted by the Malaysian Anti-Corruption
01:08 Commission on Rosli Dahlan Sarwana, a law firm connected to Muhyiddin.
01:13 The firm's lead partner, Rosli Dahlan, was involved in negotiations which led to the
01:17 settlement agreement inked with Goldman Sachs on August 18, 2020.
01:21 Amirah Huda, FMT News.
01:23 (upbeat music)
