<p>Malaysia on Friday said US investment bank Goldman Sachs has agreed to a $3.9 billion settlement with the government over the multi-billion dollar 1MDB scandal.</p>.<p>The deal includes a $2.5 billion cash payout by Goldman and a guarantee by the bank to return at least $1.4 billion in assets linked to 1MDB bonds, Malaysia's finance ministry said in a statement.</p>.<p>Malaysian prosecutors filed charges in December 2018 against three Goldman Sachs units for misleading investors over bond sales totalling $6.5 billion that the bank helped raise for sovereign wealth fund 1MDB (1Malaysia Development Bhd).</p>.<p>Goldman Sachs has consistently denied wrongdoing, saying that certain members of the former Malaysian government and 1MDB lied to it about how proceeds from the bond sales would be used.</p>.<p>The units of Goldman Sachs have pleaded not guilty to the charges.</p>.<p>The US Department of Justice has said around $4.5 billion was misappropriated from 1MDB.</p>
<p>Malaysia on Friday said US investment bank Goldman Sachs has agreed to a $3.9 billion settlement with the government over the multi-billion dollar 1MDB scandal.</p>.<p>The deal includes a $2.5 billion cash payout by Goldman and a guarantee by the bank to return at least $1.4 billion in assets linked to 1MDB bonds, Malaysia's finance ministry said in a statement.</p>.<p>Malaysian prosecutors filed charges in December 2018 against three Goldman Sachs units for misleading investors over bond sales totalling $6.5 billion that the bank helped raise for sovereign wealth fund 1MDB (1Malaysia Development Bhd).</p>.<p>Goldman Sachs has consistently denied wrongdoing, saying that certain members of the former Malaysian government and 1MDB lied to it about how proceeds from the bond sales would be used.</p>.<p>The units of Goldman Sachs have pleaded not guilty to the charges.</p>.<p>The US Department of Justice has said around $4.5 billion was misappropriated from 1MDB.</p>