17.06.2016 - Goldman Sachs was like a 'swarm' on Libyan wealth fund client, court told
Goldman Sachs acted “like a swam” on a Libyan sovereign wealth fund client, a witness in a dispute between the bank and the Libyan Investment Authority, told a London court on Thursday. The bank presented different teams and products to the LIA in 2007 “one after the other and almost relentlessly,” Ali Jallal Baruni, a consultant for the LIA, said in a witness statement distributed to journalists. Baruni claimed Goldman Sachs even introduced the son of Sir Martin Sorrell, CEO of advertising giant WPP, as part of the team...............................................Full Article: Source
Print