"I feel horrible about the fact that people who worked at Goldman Sachs, and it doesn't matter if it's a partner or it's an entry level employee, would go around our policies and break the law," Solomon said.
NEW YORK: Federal prosecutors in Los Angeles drafted a criminal complaint against a former Goldman Sachs banker early this year for his alleged role in a vast Malaysian fraud, but the charges were never filed because of a Justice Department turf battle, according to two people familiar with the investigation.
Now, these people and two others say, the inquiry is solely in the hands of federal prosecutors in Brooklyn, who are investigating a target much bigger than a single Wall Street banker: Goldman Sachs itself.
The investigation centers on the disappearance of about $4 billion from a giant Malaysian government investment fund known formally as 1Malaysia Development Berhad, or 1MDB.
Prosecutors in the United States and elsewhere believe that a group of people with close ties to the former Malaysian prime minister Najib Razak stole from the fund to buy paintings, yachts, real estate and even investment stakes in movies like “The Wolf of Wall Street.”
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