Published: February 20, 2019
Australia’s top corporate regulator worked at bank when it handled bond deals that raised $6.5bn for Malaysian fund
Australia’s top corporate regulator is facing questions in parliament about his role at the investment bank Goldman Sachs when it became embroiled in the world’s biggest financial scandal – the disappearance of billions of dollars from Malaysia’s sovereign wealth fund 1MDB.
James Shipton, the head of the Australian Securities and Investments Commission, was Goldman Sachs’ head of regulation in south-east Asia when the bank handled a series of bond offerings to raise $6.5bn for 1MDB.
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