Goldman Sachs Accused of Hiring Prostitutes for Libyan Intern to Win Influence Over Investment Fund
Brendan O'Connor · 06/13/16 09:20AM
On Monday, a lawyer for the Libyan Investment Authority told a British judge that employees of Goldman Sachs, attempting to win the $60 billion oil fund’s business, lavished executives with prostitutes and vacations at five-star hotels. The relationship fell apart in 2008, after Goldman lost the LIA $1.2 billion.