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Goldman Sued By Abu Dhabi Fund Over 1MDB
US bank accused of bribing its officials during a “massive global conspiracy”.
The Abu Dhabi sovereign wealth fund IPIC has launched a civil suit against Goldman Sachs, claiming "redress for a massive global conspiracy.... to defraud and injure." Goldman says it fully expects to challenge the case. Clare Ballantyne, a business reporter with Bloomberg in New York - tells us about the suit launched by IPIC. Plus Susan Schmidt of Aviva in Chicago takes us through the day's trading on Wall Street.
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