Nov
21

Goldman Sachs Ordered to Pay $24 Million to Indonesia Tycoon

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  • Jakarta court rejects counterclaim against Benny Tjokrosaputro
  • U.S. firm ordered to pay damages for Hanson share transaction

An Indonesian court ordered Goldman Sachs Group Inc. to pay 320.8 billion rupiah ($24 million) in damages to the founder of PT Hanson International, for what was ruled to be an “illegal transaction” to buy shares in the property developer…

Goldman Sachs Ordered to Pay $24 Million to Indonesia Tycoon

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