Malaysia is seeking $7.5 billion in reparations from Goldman Sachs Group Inc over its dealings with scandal-linked state fund 1MDB, the Financial Times reported on Friday, citing the country's finance minister.

Malaysian prosecutors this week filed charges against Goldman Sachs in connection with its role as underwriter and arranger of three bond sales that raised $6.5 billion for 1Malaysia Development Berhad (1MDB), the first criminal action against the U.S. bank over the scandal.

Goldman Sachs has consistently denied wrongdoing and said certain members of the former Malaysian government and 1MDB lied to the bank about the proceeds of the bond sales.

In addition to the bonds' total value, Goldman Sachs should also return $1 billion to cover $600 million in fees paid to the bank and bond coupons that were "higher than the market rate", the FT quoted Malaysian Finance Minister Lim Guan Eng as saying.

The three 10-year bonds carried coupons ranging from 4.4 percent to 5.99 percent.

Lim also told the FT that reparations should at least be more than $1.8 billion, the sum Goldman Sachs has told investors it had set aside to cover potential losses related to 1MDB legal proceedings.

"Their figure is $1.8 billion. Ours is $7.5 billion," Lim said.

Goldman Sachs did not immediately respond to a Reuters' request for comment. The bank told the FT: "The 1MDB bond offerings were meant to raise money to benefit Malaysia; instead, a huge portion of those funds were stolen for the benefit of members of the Malaysian government and their associates."