Abu Dhabi's wealth fund shuns Goldman Sachs over Malaysia corruption scandal
One of the world's biggest investors is breaking up with Goldman Sachs. Abu Dhabi sovereign wealth fund Mubadala Investment Company has announced that it won't do any new business with Goldman (FADXX), which is mired in controversy over its ties to a multibillion-dollar corruption scandal in Malaysia.
Source: https://edition.cnn.com/2019/03/15/business/goldman-sachs-1mdb-mubadala/index.html