Was there an agreement between Goldman Sachs and the Malaysian government for higher compensation?


Aliran released this media statement yesterday:

In Tommy Thomas’ autobiography My Story: Justice in the Wilderness, the former attorney general said he was “confident of recovering” from Goldman Sachs the huge losses the Malaysian government suffered from three 1MDB bond issues.

Thomas put forward a figure of over $9.6bn (about RM43bn) as the loss of principal and interest, before deduction of monetary benefits from the bonds (pp 315, 317).

However, when Mahiaddin Yasin and his team took over the government through the back door, his administration reportedly ‘settled’ for a measly $2.5bn (RM11bn) plus a $1.4bn undertaking for assets recoverable. That comes up to about $3.9bn (about RM17bn). This is vastly lower than Thomas’ figure.

Aliran urges the Anwar Ibrahim-led government to look up the previous administrations’ records.

Did Goldman Sachs agree to a much higher figure with the Malaysian government before Mahiaddin’s settlement?

If so, was there an agreement signed between the government and Goldman Sachs for this higher sum?

If there is such an agreement in existence which was not revealed to the public, we urge Anwar’s government to make the agreement public.

Rather than investigate certain issues in the entire book to placate certain quarters, Aliran believes it would be more productive for the Malaysian government to focus its attention on the chapter on Goldman Sachs (pp 301-323).

In fact, the entire settlement between Goldman Sachs and Mahiaddin’s negotiating team should be the subject of a thorough forensic audit.

Aliran executive committee
18 March 2023

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State legislator Sallehudin Amiruddin lodged a police report stating that for this settlement, “a political party” got a RM500 million payment. The news media reported this on 2021-03-20,


News of the the royal commission to “investigate” TT seems to have died down. Did someone get cold feet? These are people who seem helpless on crirical issues – including the Sulu claimants despite all the points TT contributed in a letter to Star.


Najib stopped paying rent to Sulu after the Lahad Datu incident. So the Sulu descendants are pushing to get their rights and assets.


There are others more worthy to be investigated compared to TT, now that the Pandora Papers have exposed many overdue cases, perhaps after the Puasa month?


Muslim men cannot wear shorts in public?


Anil or Aliran can help to clarify?


Netizens are trolling enforcement authorities in Kelantan for issuing warning notices to seven men for wearing thigh-length shorts.

One netizen said in the past, police officers wore short pants while on duty, but now, action could be taken against members of the public for dressing in a similar way.



Now Muslim guys also must tutup aurat?

Madani government must be clear on dressing guidelines.


KUALA LUMPUR, March 21 — The Perikatan Nasional (PN) coalition will not accept Parti Pejuang Tanahair as a member, Datuk Seri Hamzah Zainuddin said today.


Such low settlement could raise suspicion on what really transpired and MACC should open an immediate investigation?



9.6 billion – 3.9 billion = RM5.7 billion a big difference.

Forensic tracing must start now otherwise rakyat money go to unscrupulous individuals.


Forensic audit to recover people’s money is reportedly on the way per inside information?



1MDB raised $6.5b in bonds for 10% commission. -US DoJ 2014