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Was Goldman Just Not Supposed To Hire The Malaysian Prime Minister's Buddy's Daughter When Its Bankers Were Pitching The Government's Investment Fund?

Oh, now you tell them!
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If only anyone had said something at the time about this sort of thing being frowned upon...

Goldman is looking into the hiring as part of its investigation into the firm’s actions related to the Malaysia fund and into the Wall Street firm’s former Southeast Asia chairman, Tim Leissner, said one of the people. The probe is also part of its broader investigation into the hiring of relatives of government officials or other well-connected people, the person said. Goldman is among several international banks under investigation by U.S. authorities to determine whether their hiring practices violated antibribery laws, The Wall Street Journal has previously reported. The Foreign Corrupt Practices Act bans U.S. companies from giving anything of value to a foreign official to gain an unfair advantage or business favors. Goldman has declined to comment on the U.S. probe.

Goldman Sachs Hire Came as Bank Pitched 1MDB [WSJ]


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