Malaysia on Friday said US investment bank Goldman Sachs had agreed to a US$3.9bil (RM16.63bil) settlement with the Malaysian government over the multibillion-dollar 1MDB scandal.<br /><br />William Cohan, author of the book "Money and Power: How Goldman Sachs Came to Rule the World," joined CNBC’s "Squawk Box" to discuss about the latest development. <br /><br />He said the bank’s top executives had been trying to reach a settlement with Malaysia and now that the deal had been reached, many people think that the amount was more than expected.<br /><br />WATCH MORE: https://thestartv.com/c/news<br />SUBSCRIBE: https://cutt.ly/TheStar<br />LIKE: https://fb.com/TheStarOnline
