Investigators are also looking into the firm’s links with Malaysian financier Low Taek Jho, who the United States has alleged controlled a plot to siphon billions of dollars from the bond proceeds, the people said.
SINGAPORE (Nov 3): Singaporean prosecutors and the police are examining Goldman Sachs Group Inc.’s relationship with the Malaysian state investment fund at the centre of global money laundering probes, people with knowledge of the matter said.
The Commercial Affairs Department, the police’s economic crime unit, and city prosecutors have interviewed current and former Goldman Sachs executives who worked on bond offerings from 1Malaysia Development Berhad (1MDB), said the people, who asked not to be named because the queries are confidential.
