Malaysia Says Goldman Lawsuit Is a Chance to Review 1MDB Deal

Malaysia said a lawsuit Goldman Sachs Group Inc. initiated amid festering disagreement involving the multibillion-dollar 1MDB scandal gives the country a chance to review a contentious settlement it had previously struck with the bank.

Second Finance Minister Amir Hamzah Azizan told the country’s parliament on Tuesday that the arbitration suit Goldman filed last year in the UK court “reopens pathways” for parties to take another look at the deal, and “step up efforts to recover assets related to 1MDB.”

Looting of the 1MDB investment fund by officials in Malaysia after Goldman helped it raise money spawned a multibillion-dollar scandal ...