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Singapore said to expand 1MDB criminal probe to include Goldman Sachs


  • 1MDB
  • Friday, 21 Dec 2018

SINGAPORE: Singapore has expanded a criminal probe into fund flows linked to scandal-plagued 1MDB to include Goldman Sachs Group Inc., which helped raise money for the entity, people with knowledge of the matter said.

Police in the city-state had been examining Goldman’s relationship with the Malaysian state investment company since at least late 2017, but until recently, the firm’s local unit itself wasn’t a focus of any investigation, said the people, asking not to be named discussing sensitive information.

1MDB , Corporate News

   

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