Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  News


Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesHot NewsMost Read NewsRecomm.Business LeadersCalendar 
The feature you requested does not exist. However, we suggest the following feature:

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

share with twitter share with LinkedIn share with facebook
share via e-mail
07/30/2016 | 03:51am CEST
A view of the Goldman Sachs stall on the floor of the New York Stock Exchange

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.

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 U.S. DoJ, SEC, and Goldman were not 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.

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.

(Reporting by Ismail Shakil in Bengaluru; Editing by Sandra Maler)

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news
Date Title
03:48a GOLDMAN SACHS : U.S. authorities subpoena Goldman in 1MDB probe - WSJ
03:48a AUTOBACS SEVEN : Presentation Materials (Results of FY March 2017 Q1)(PDF)
03:41a Regulation of WMPs to tighten
03:38a INTESA SANPAOLO : The Innovation Center signs two important partnership agreements in Israel
03:37a FACEBOOK : could face extra $5bn tax bill after US investigation
03:35a HARVEST GOLD : Crouch Mesa water flush postponed
03:34a COSTCO WHOLESALE : Knife-wielding man shot at Modesto Costco suffered mental illness
03:33a MAZDA MOTOR : Petaluma woman killed in sidewalk crash identified
03:28a TOM COTTON : Cotton Statement on the United States’ Stalled Economic Growth
Latest news
Hot News 
-9.07%Pearson Trades in Line; Books Earnings Loss
2.08%SABMILLER : China Approves AB InBev Deal for SABMiller -- Update
3.33%Alphabet posts strong revenue on video market, stock surges
3.94%XEROX : Posts Higher-Than-Expected Profit
6.22%NEWELL BRANDS : Earnings Top Views
Most Read News
07:22p Guggenheim Investments Exchange Traded Funds Declare Monthly Distributions
06:03p No clean bill of health for EU banks in stress test
06:59p Oil rout erodes second-quarter profits for U.S. majors Exxon, Chevron
07:47p Deutsche Bank scrapes through European banks stress test
08:35pDJGOLDMAN SACHS : Subpoenaed by U.S. Agencies for Documents Related to 1MDB
Most recommended articles
09:20p WEEKLY TRADING FORECAST : Are the Dollar, Yen and Pound’s Trends Turning?
09:15p USDollar Losing Haven and Yield High Ground, NFPs and Risk Critical
08:55p USD/JPY Downside Targets in Focus Ahead of U.S. Non-Farm Payrolls
08:55p Australian CPI at 17-Year Lows Further Opens Door for RBA Cuts