Goldman Sachs Files a Billion Dollar Lawsuit Against Businessman
Goldman Sachs has filed a $1 billion counter lawsuit on Tuesday against an Indonesian businessman who is seeking damages from US bank over ownership of shares in the company he manages.
“The bank is seeking damages from Benny Tjokrosaputro’s 15 trillion rupiah ($1.1 billion) lawsuit, which alleged that the firm obtained a stake in property developer PT Hanson International improperly.”
The bank is seeking damages from Benny Tjokrosaputro’s 15 trillion rupiah ($1.1 billion) lawsuit, which alleged that the firm obtained a stake in property developer PT Hanson International improperly. Goldman has said that it bought 425 million shares from US hedge fund Platinum Partners LLC through Indonesian stock exchange in 2015.
About Goldman Sachs
The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.
Visit: Goldman Sachs
The Wealth Insider is the world’s leading wealth intelligence for global wealth managers, investments managers, asset managers, high net-worth service providers and wealthy individuals. Our global workforce seamlessly present the inside news of the most relevant news, insights, global wealth trends, innovation & digital transformation to our global audience.
Get The Wealth Insider Daily
- For Press Release, please contact firstname.lastname@example.org
- For Media-related enquiries, please contact email@example.com
- For Advertisement, please contact our official ad agency