07-06-2016 03:17 via news.yahoo.com

U.S. investigators probe Goldman Sachs over Malaysian fund 1MDB: WSJ report

(Reuters) - U.S. law enforcement officials are attempting to identify whether Goldman Sachs Group Inc violated federal law after failing to flag a transaction in Malaysia, the Wall Street Journal reported, citing people it said were familiar with the investigation. The probe concerns $3 billion raised by Goldman Sachs through a bond issue for Malaysian state investor 1Malaysia Development Bhd (1MDB). Half of the proceeds from the sale, which were transferred by Goldman Sachs to a Swiss bank acco
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