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Goldman Asked to Defend Role in 1MDB Deals by Malaysia Regulator.
- Source :
- Bloomberg.com; 3/15/2019, pN.PAG-N.PAG, 1p
- Publication Year :
- 2019
-
Abstract
- Goldman Sachs Group Inc. was called on by Malaysia's market regulator to defend its role in transactions involving troubled state fund 1MDB at the risk of administrative sanctions. The Securities Commission sent a show-cause letter to the bank's Malaysian unit in December, asking Goldman to explain why such action shouldn't be taken against the bank, the regulator said in a Friday statement. [Extracted from the article]
- Subjects :
- CRIMINAL procedure
PUBLIC officers
PROSECUTION
ADMINISTRATIVE sanctions
INDICTMENTS
Subjects
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 140632819