Goldman Relationship With Libyan Fund ‘Shocked’ Lawyer - Bloomberg:
"A London lawyer who worked at the Libyan Investment Authority in 2008 was “shocked” by the fund’s inappropriate relationship with Goldman Sachs Group Inc. (GS), according to the fund’s court documents.
“The line between friendship and arms-length commercial dealings had clearly been blurred,” Catherine McDougall, then a lawyer at Allen & Overy LLP who was assigned to work at the fund, said in a witness statement cited at a London court hearing today by LIA lawyer Roger Masefield.
She said LIA employees told her about a “lavish” trip to Morocco and that “there was heavy drinking and girls involved,” paid for by a Goldman Sachs banker on his company credit card. “I was shocked by all of this and a number of red flags were being raised in my mind,” McDougall, said in the witness statement."
'via Blog this'
No comments:
Post a Comment