The sentencing of Goldman Sachs Malaysia on Wednesday before Chief U.S. District Judge Margo Brodie of the Eastern District of New York triggered a 10-day due date for Goldman Sachs to pay a nine-digit fine to the U.S. Treasury.
Goldman Sachs in October entered into a deferred prosecution agreement with the U.S. Attorney’s Office for the Eastern District of New York in connection with criminal information charging it with conspiracy to violate the anti-bribery provisions of the Foreign Corrupt Practices Act. The company agreed to pay $2.9 billion as part of a coordinated resolution with authorities in the U.S. and overseas, which was hailed by the Department of Justice as a record-setting FCPA resolution.
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