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United States investigating Deutsche Bank transactions with Malibian fund 1 in Malaysia



The vast multi-billion dollar Malaysian development fraud scandal that overthrew a prime minister and spread from Hollywood to Wall Street threatens to involve another major global financial institution: Deutsche Bank AG .

The US Department of Justice is investigating whether the German lender violated the foreign bribery or anti-money laundering laws as part of its work for the 1Malaysia Development Bhd. the fund to raise $ 1.2 billion in 2014 for fund management and financial reasons. ..


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