Deutsche Bank being investigated again, this time for 1MDB scandal
The US department of justice has broadened its probe of the 1MDB fund to see if the bank has violated foreign-corruption laws
11 July 2019 - 16:54
New York/Los Angeles — The US department of justice is investigating Deutsche Bank as part of a broadened probe of Malaysia’s scandal-plagued 1MDB investment fund, according to a person with knowledge of the matter.
Investigators, who have spent years examining Goldman Sachs Group’s lucrative dealings with the fund, are now taking a closer look at a former Goldman executive who later worked at the German bank, said the person, who asked not to be identified discussing the confidential inquiry. US authorities haven’t accused Deutsche Bank or the former employee of wrongdoing...
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