Goldman’s 1MBD Role Probed by FBI, Justice Department, WSJ Says
October 14, 2015 6:21 am
The U.S. Federal Bureau of Investigation and the Justice Department have started probing Goldman Sachs Group Inc.’s role in a series of transactions at 1Malaysia Development Bhd., the Wall Street Journal reported, citing sources.
The sources said the probe is at the information-gathering stage, and there is no suggestion of wrongdoing by the bank. They are part of a broad probe into allegations of money laundering and corruption at the Malaysian sovereign wealth fund, the WSJ said.
1MDB is at the center of various probes into allegations of financial irregularities.
The material has been provided by InstaForex Company – www.instaforex.com
The U.S. Federal Bureau of Investigation and the Justice Department have started probing Goldman Sachs Group Inc.’s role in a series of transactions at 1Malaysia Development Bhd., the Wall Street Journal reported, citing sources.
The sources said the probe is at the information-gathering stage, and there is no suggestion of wrongdoing by the bank. They are part of a broad probe into allegations of money laundering and corruption at the Malaysian sovereign wealth fund, the WSJ said.
1MDB is at the center of various probes into allegations of financial irregularities.
The material has been provided by InstaForex Company – www.instaforex.com
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