[ad_1]
NEW YORK, Nov 2 (Reuters) – Government probes into Goldman Sachs Group Inc.'s dealings with the Malaysian sovereign wealth fund may still result in "significant fines, penalties and other penalties," the Wall Street bank said in a regulatory filing on Friday.
Goldman said it is cooperating with the U.S. Department of Justice and other regulators examining 1MDB matters in its quarterly financial filing.
On Thursday, U.S. prosecutors filed criminal charges against two to form Goldman bankers and a Malaysian financier over the alleged theft of trillions of dollars from the fund.
The government of the Malaysian Prime Minister Najib Razak set up 1Malaysia Development Berhad, or 1MDB, in 2009. An estimated $ 4.5 trillion was put in place by the United States of America and the United States. Alleged.
Najib has consistently denied wrongdoing in connection with alleged graft involving 1MDB. (Reporting by Lauren Tara LaCapra)
