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Malaysia 1MDB investigation: Goldman Sachs to pay $3bn fine

Video Credit: Al Jazeera STUDIO - Duration: 02:13s - Published
Malaysia 1MDB investigation: Goldman Sachs to pay $3bn fine

Malaysia 1MDB investigation: Goldman Sachs to pay $3bn fine

Former Prime Minister Najib Razak says he is innocent and is appealing against his conviction.


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Najib Razak Najib Razak Malaysian politician


1Malaysia Development Berhad 1Malaysia Development Berhad Insolvent development company embroiled in scandals

Goldman Sachs to pay $3 billion over 1MDB scandal [Video]

Goldman Sachs to pay $3 billion over 1MDB scandal

Goldman Sachs on Thursday agreed to pay nearly $3 billion to settle a probe into its role in Malaysiaโ€™s 1MDB corruption scandal.

Credit: Reuters Studio    Duration: 02:07Published

Malaysia Malaysia Country in Southeast Asia

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Al Jazeera obtains recordings of fugitive wanted over 1MDB fraud [Video]

Al Jazeera obtains recordings of fugitive wanted over 1MDB fraud

Billionaire financier Jho Low is wanted over the role he played in the multibillion-dollar 1MDB fraud scandal in Malaysia.

Credit: Al Jazeera STUDIO    Duration: 02:42Published
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The findings of a new study conducted on mice liver cells reveal that vitamin-e extracted from palm oil helps in boosting the immune response of the body. Palm oil contains abundant quantities of vitamin E compounds, which include tocopherols and tocotrienols. These compounds have antioxidant effects, which protect cells from damage from toxic chemicals produced by metabolic processes. While tocopherol is a widely known and researched compound, there remains much to learn about tocotrienols. A team of researchers from Malaysia and Libya recently investigated the effect of tocotrienols extracted from palm oil on mice liver cells. The team investigated the expression levels of genes influenced by a transcription factor Nrf2, and the translocation of the same factor into the cellular nucleus. Nrf2 is known to upregulate phase II drug metabolism in reaction to metabolic processes. The genes activate cellular defence mechanisms. "Our study is the first in vivo study on the effect of tocotrienols on Nrf2on genetic material in the nucleus," said Azman Abdullah (Universiti Kebangsaan Malaysia), the corresponding author of the study.

Credit: ANI    Duration: 01:10Published
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Goldman Sachs Goldman Sachs U.S. multinational investment bank

Goldman Sachs Cuts Growth Forecast For U.S. [Video]

Goldman Sachs Cuts Growth Forecast For U.S.

Goldman Sachs has cut its near-term growth forecasts for the United States. Goldman Sachs based this on spiking COVID-19 cases and slowing economic activity. US gross domestic product will grow 3.5% in the fourth quarter, down from the previous forecast of 4.5%. According to Business Insider first-quarter 2021 growth estimate was also lowered to 1% from 3.5%. Goldman Sachs said the winter drag should give way to a bigger rebound on the back of vaccine distribution.

Credit: Wochit News    Duration: 00:32Published
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Goldman Sachs: Nearly $3 Billion To Settle Charges [Video]

Goldman Sachs: Nearly $3 Billion To Settle Charges

Goldman Sachs on Thursday reached a massive settlement with US authorities regarding a years-long financial scandal in Malaysia. The federal investigation involved the bank's work with Malaysia's 1MDB..

Credit: Wochit     Duration: 00:33Published