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U.S. Examines Goldman Sachs Role in 1MDB Transactions

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FBI and Justice Department gather information about bank’s role in transactions at Malaysia fund

The central business district in Kuala Lumpur, Malaysia. Goldman has pushed aggressively to expand in emerging markets, and Malaysia was an early area of success. 
The central business district in Kuala Lumpur, Malaysia. Goldman has pushed aggressively to expand in emerging markets, and Malaysia was an early area of success. Photo: Sanjit Das/Bloomberg News

Goldman Sachs Group Inc.GS0.41%’s role as adviser to a politically connected Malaysia development fund resulted in years of lucrative business. It also brought exposure to an expanding scandal.

As part of a broad probe into allegations of money laundering and corruption, investigators at the Federal Bureau of Investigation and the Justice Department have begun examining Goldman Sachs’s role in a series of transactions at 1Malaysia Development Bhd., people familiar with the matter said.

The…

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