Deutsche Bank and JPMorgan Chase asked to detail dealings with 1MDB
KUALA LUMPUR — US Department of Justice officials have asked Deutsche Bank and JPMorgan Chase to provide details on their dealings with 1MDB, as global investigations into the troubled Malaysian state fund widen.US Department of Justice officials also travelled to Kuala Lumpur to speak to senior bankers and other people with close links to the state fund, three people with direct knowledge of the matter said. They said JPMorgan and Deutsche were not the target of investigations at this stage, but had only been asked to provide details.Deutsche Bank and JPMorgan declined to comment. The Department of Justice also declined to comment.The US move marks the latest development in a wide-ranging global investigation across three continents into possible corruption and money-laundering at 1MDB, whose advisory board is chaired by Prime Minister Najib Razak.Mr Najib has denied any wrongdoing and has said he has not taken any funds for personal gain, but opposition leaders and government crit...
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