• Home
  • Contact Us!
  • Privacy Policy

FBAppsWorld

  • Home
  • APPS
  • Android
  • Windows
  • Ipad
  • Iphone
  • Blackberry
  • Top APPS
  • Patient APPS
  • News
Home» News»U.S. authorities subpoena Goldman in 1MDB probe – WSJ

U.S. authorities subpoena Goldman in 1MDB probe – WSJ

Saheli 30 Jul 2016 News Comments Off on U.S. authorities subpoena Goldman in 1MDB probe – WSJ 3 Views

U.S. authorities have issued subpoenas to Goldman Sachs Group Inc for documents related to the bank’s dealings with scandal-hit Malaysian state fund 1MDB, the Wall Street Journal reported late on Friday.

Goldman received the subpoenas earlier this year from the U.S. Department of Justice (DoJ) and the Securities and Exchange Commission (SEC), the Journal reported, citing a person familiar with the matter. on.wsj.com/2axt8L8

The authorities also want to interview current and former Goldman employees in connection with the inquiries, but none of those meetings had occurred by Friday, WSJ said.

The Department of Justice and the SEC declined to comment. No one from Goldman Sachs was available for comment outside regular U.S. business hours.

1MDB, which was founded by Malaysian Prime Minister Najib Razak in 2009 shortly after he came to office, is being investigated for money-laundering in at least six countries including the United States, Singapore and Switzerland.

Najib has consistently denied any wrongdoing.

U.S. law enforcement officials are attempting to identify whether Goldman violated federal law after failing to flag a transaction in Malaysia, the Journal reported in June.

New York state regulators have also asked the Wall Street bank for details about probes into billions of dollars it raised in a bond offering for 1MDB, Reuters reported in June, citing a person familiar with the matter.

[Source:- Reuters]

Share this:

  • Facebook
  • LinkedIn
  • WhatsApp
  • Pinterest
- 1MDB authorities Goldman in PROBE subpoena U.S. WSJ 2016-07-30
Tags - 1MDB authorities Goldman in PROBE subpoena U.S. WSJ
Facebook Twitter Stumble linkedin Pinterest More

Authors

Posted by : Saheli
Previous Article :

Microsoft announces Windows 10 anniversary update availability Posted: Jun 29, 2016 at 4:55AM

Next Article :

If you’re running into the Windows 10 device limit ceiling, remember that the Xbox One counts against it

Related Articles

The Most Effective Ways That You Can Use Technology for Marketing Your Business

The Most Effective Ways That You Can Use Technology for Marketing Your Business

admin 01 Dec 2022
Medium names technology and digital media veteran Tony Stubblebine CEO; founder Ev Williams transitions to Chairman of the Board

Medium names technology and digital media veteran Tony Stubblebine CEO; founder Ev Williams transitions to Chairman of the Board

Loknath Das 28 Jul 2022
MOST FAMOUS SERVICES HELP TO MAINTAIN AND GROW YOUR DIGITAL PLATFORMS

MOST FAMOUS SERVICES HELP TO MAINTAIN AND GROW YOUR DIGITAL PLATFORMS

Loknath Das 23 Jul 2022

Recent Posts

  • The Most Effective Ways That You Can Use Technology for Marketing Your Business
  • Medium names technology and digital media veteran Tony Stubblebine CEO; founder Ev Williams transitions to Chairman of the Board
  • MOST FAMOUS SERVICES HELP TO MAINTAIN AND GROW YOUR DIGITAL PLATFORMS
  • The benefits and challenges of small livestock farming in India
  • What technology can do for your business: how you can utilize apps to their maximum

Subscribe to Blog via Email

Like Us !

Like Us !
  • Contact Us!
  • Privacy Policy
Copyright 2016, All Rights Reserved
Magazine Blog News WordPress Theme