Goldman Sachs CEO: I Feel Horrible Ex-bankers Broke Law in 1MDB Case

Men walk past a 1 Malaysia Development Berhad (1MDB) billboard at the fund's flagship Tun Razak Exchange development in Kuala Lumpur on March 1, 2015. Olivia Harris/File Photo/Reuters

SINGAPORE—Goldman Sachs Chief Executive David Solomon said on Nov. 7 he felt “horrible” that two former employees “blatantly broke the law” in their dealings with Malaysian state fund 1Malaysia Development Berhad.

U.S. prosecutors filed criminal charges against the two former Goldman bankers and a Malaysian financier linked to the alleged theft of billions of dollars from the fund.