1MDB scandal: Malaysia charges former Goldman bosses, Alibaba CEO

Malaysia filed criminal charges Friday against 17 current and former executives of three Goldman Sachs subsidiaries, piling further pressure on the Wall Street titan over the multi-billion-dollar 1MDB scandal.

They included Richard Gnodde, chief executive of Goldman Sachs International, and Michael Evans, former chief of Goldman’s Asia operations who is now president of Chinese e-commerce giant Alibaba.

Huge sums were looted from Malaysian sovereign wealth fund 1Malaysia Development Berhad in a globe-spanning fraud, which allegedly involved ex-prime minister Najib Razak and his inner circle.

Goldman’s role has been under scrutiny as it helped arrange bond issues worth $6.5 billion for 1MDB. Malaysia claims large amounts were misappropriated in the process, and is seeking hefty co