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Malaysia has filed criminal charges against Goldman Sachs and two former employees in connection with a corruption and money laundering probe at the country’s investment fund, 1MDB.
The US bank has been under scrutiny for its role in helping to raise funds for the 1Malaysia Development Bhd (1MDB).
It is being investigated in at least six countries.
Goldman Sachs called the charges “misdirected” and said it would “vigorously defend them”.
“The firm continues to co-operate with all authorities investigating these matters,” the bank added. Read more