20.06.2016 - Libya case against Goldman shines rare spotlight on powerful bank
UK court hears of hotels and entertainment on third day of trial in $1bn claim by Libyan fund. It was a week when London’s High Court heard the lurid details about a Goldman Sachs banker procuring prostitutes to develop ties with the Libyan Investment Authority and then fearing for his life when the investments the US bank had sold to the wealth fund turned sour. The court on Friday was told how the bank paid for staff from the LIA to stay in five-star London hotels and offered them corporate entertainment including football and theatre tickets...............................................Full Article: Source
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