Who was the high-ranking executive referenced in U.S. Court documents who attended a 2009 meeting with former Malaysian prime minister Najib Razak involved in the 1MDB scandal? Answer according to: Former Goldman Sachs (GS) CEO Lloyd Blankfein was the unidentified high-ranking executive referenced in U.S. Court documents who attended a 2009 meeting with former Malaysian prime minister Najib Razak involved in the 1MDB scandal, Bloomberg News reported (https://www.bloomberg.com/news/articles/2018-11-08/blankfein-said-to-be-in-09-1mdb-meeting-set-up-by-leissner-low), citing unnamed people familiar with the matter. The meeting was set up and attended by two key figures in the 1MDB scandal, Malaysian businessman Jho Low and former Goldman partner Tim Leissner, one person with direct knowledge of the matter said, according to Bloomberg. The use of $6.5 billion that Goldman raised for 1MDB has sparked investigations across several nations, the report added. A Goldman spokesman declined to comment, and Blankfein last week said at a conference that he's not aware of senior managers missing red flags in the 1MDB case.
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1. What was the consequence of the 1MDB scandal for Malaysian economy? 2. Apart from the Malaysian prime minister, who else are the major individuals involved in the 1MDB scandal? 3. Which countries are investigating the 1MDB scandal? 4. What was the amount raised by Goldman Sachs for 1MDB and how has it been used? 5. How much of the missing 1MDB funds have been recovered?

The 1MDB scandal had a huge impact on Malaysia's economy, resulting in a credit downgrade and billions of dollars of debt, causing a significant dent to the nation's reputation in international finance. It also led to the fall of former Prime Minister Najib Razak and his Barisan Nasional Coalition government.

Apart from former Prime Minister Najib, there were several other individuals involved in the 1MDB scandal, including businessman Low Taek Jho, also known as Jho Low, former Goldman partner Tim Leissner, and several other Goldman executives.

The 1MDB scandal is being investigated by several countries, including Singapore, the United States, Switzerland, Luxembourg, and Hong Kong.

Goldman Sachs raised a total of $6.5 billion for 1MDB. The funds were primarily diverted to buy luxury goods, pay debts and finance lavish lifestyles of influential people connected to the scandal.

As of 2020, about $4.5 billion of the missing 1MDB funds have been recovered so far, with Singapore leading the way in return, followed by the United States and Switzerland. China and New Zealand have also pledged to recover funds or have already recovered what is owed.
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Who was the high-ranking executive referenced in U.S. Court documents who attended a 2009 meeting with former Malaysian prime minister Najib Razak involved in the 1MDB scandal? Answer according to: Former Goldman Sachs (GS) CEO Lloyd Blankfein was the unidentified high-ranking executive referenced in U.S. Court documents who attended a 2009 meeting with former Malaysian prime minister Najib Razak involved in the 1MDB scandal, Bloomberg News reported (https://www.bloomberg.com/news/articles/2018-11-08/blankfein-said-to-be-in-09-1mdb-meeting-set-up-by-leissner-low), citing unnamed people familiar with the matter. The meeting was set up and attended by two key figures in the 1MDB scandal, Malaysian businessman Jho Low and former Goldman partner Tim Leissner, one person with direct knowledge of the matter said, according to Bloomberg. The use of $6.5 billion that Goldman raised for 1MDB has sparked investigations across several nations, the report added. A Goldman spokesman declined to comment, and Blankfein last week said at a conference that he's not aware of senior managers missing red flags in the 1MDB case.
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The high-ranking executive referenced in U.S. Court documents who attended a 2009 meeting with former Malaysian prime minister Najib Razak involved in the 1MDB scandal was former Goldman Sachs CEO Lloyd Blankfein.
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