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The airline then took until mid-August to conclude which passenger data had been accessed, according to the document, and it completed the identification of the personal data that pertained to each individual passenger on Oct. 24. Slosar said that in future Cathay would instantly disclose any similar issues to the authorities. The company denied the data breach was a result of layoffs at its IT department last year black onyx and gold cufflinks uk sale. Cathay said an airline restructuring had been completed and it planned to hire 1,800 staff this year..
KUALA LUMPUR/SINGAPORE (Reuters) – Malaysian Prime Minister Mahathir Mohamad said bankers at Goldman Sachs Group Inc (GS.N) “cheated” the country in dealings with state fund 1MDB and that U.S. authorities have promised to help return the fees the Wall Street bank earned from the fund black onyx and gold cufflinks uk sale. The U.S. investment bank has been under scrutiny for its role in helping raise funds through bond offerings for 1Malaysia Development Bhd (1MDB) [TERRN.UL], which is the subject of corruption and money-laundering investigations in at least six countries..
Goldman’s stock fell to a near two-year low on Monday after Malaysian Finance Minister Lim Guan Eng said his country would seek a “full refund” of the around $600 million in fees the bank earned from raising $6.5 billion for the fund. The stock eased 0.5 percent on Tuesday. A Goldman Sachs spokesman on Monday said in an email to Reuters that the bank denied any wrongdoing. The U.S black onyx and gold cufflinks uk sale. Department of Justice (DOJ) has said about $4.5 billion was misappropriated from 1MDB, including some money that Goldman Sachs helped raise, by high-level officials of the fund and their associates from 2009 through 2014..
U.S. prosecutors filed criminal charges against two former Goldman Sachs bankers earlier this month. One of them, Tim Leissner, pleaded guilty to conspiracy to launder money and conspiracy to violate the Foreign Corrupt Practices Act. “There is evidence that Goldman Sachs has done things that are wrong,” Mahathir said in an interview with U.S black onyx and gold cufflinks uk sale. news channel CNBC aired on Tuesday. “Obviously we have been cheated through the compliance by Goldman Sachs people,” he said, without specifying details..
The bank’s compliance controls “don’t work very well”, he added black onyx and gold cufflinks uk sale. A second Goldman Sachs spokesman in Hong Kong declined to comment on Mahathir’s comments in the interview. Asked by reporters later in Singapore if he had officially requested the DOJ to help return money that Goldman earned from 1MDB, Mahathir said: “It takes a little bit of time but they (DOJ) have promised that they will give back the money.” He was speaking on the sidelines of a summit in Singapore..