Deutsche Bank under investigation for work with Malaysian Fund

Posted by Aktis Team on 11 July 2019

Deutsche Bank is under investigation for its dealings with Malaysia’s 1MDB fund. The German bank helped the fund raise over $1.2 billion in 2014. The US'  department of justice stated that the money stolen from the fund amounts to £4.5 billion. The Justice Department is planning to enter into “active discussions” with Goldman Sachs, who is also under investigation for its dealings with 1MDB.

World Street Journal, Aruna Viswanatha, Bradley Hope and Jenny Strasburg, 

Topics: News Watch, Europe