Abu Dhabi's IPIC files suit against Goldman Sachs, others
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(Reuters) — Abu Dhabi's International Petroleum Investment Co. said in a statement on Wednesday it had filed a lawsuit against U.S. investment bank Goldman Sachs Group Inc. and others to recover losses incurred due to the Malaysian state fund 1MDB.
IPIC said in the statement it filed a civil legal action in New York against the parties, including Goldman, alleging it "played a central role in a long-running effort to corrupt former executives of IPIC and its subsidiary Aabar Investments, and mislead IPIC and Aabar."
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