Jho Low, senior Goldman bankers indicted over 1MDB by US DoJ

(Nov 2): A high-profile corruption probe that has spanned continents landed its first direct blow at Goldman Sachs.

At least three senior Goldman bankers were implicated by the US Department of Justice in a multi-year criminal enterprise that included bribing officials in Malaysia and elsewhere and laundering of hundreds of millions of dollars. Now that federal prosecutors have filed criminal charges against two of the bankers, one question is burning inside the Wall Street bank: Will others be next?

One of the company’s most senior bankers in Asia, Andrea Vella, was immediately placed on leave pending review of the allegations. He wasn’t charged with wrongdoing but matches the description of an unidentified co-conspirator in the Justice Department’s filings for charges unsealed Thursday.

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