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Goldman Sachs offers details of 1MDB probe

Jaclyn Jaeger | November 9, 2018

Goldman Sachs disclosed in a Nov. 2 quarterly filing this month that it has received subpoenas and requests for documents and information from various governmental and regulatory bodies and self-regulatory organizations as part of investigations and reviews relating to financing transactions and other matters involving 1MDB, Malaysian government’s sovereign wealth fund. “Subsidiaries of the firm acted as arrangers or purchasers of approximately $6.5 billion of debt securities of 1MDB,” the company said. The announcement was first discovered by FCPA Tracker.

On Nov. 1, the U.S. Department of Justice unsealed a criminal information and guilty plea by Tim Leissner, a former participating managing director of the firm, and an...

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