U.S. authorities have issued subpoenas to Goldman Sachs Group Inc. for documents related to the bank’s dealings with a Malaysian investment fund at the center of an international corruption scandal, the Wall Street Journal reported today. Goldman received the requests for information earlier this year from the U.S. Justice Department and the Securities and Exchange Commission, the person said. Investigators have also subpoenaed a Goldman banker who worked closely with the Malaysian fund. The authorities also want to interview current and former Goldman employees in connection with the inquiries, though by Friday none of those meetings had occurred. Goldman Sachs is also providing information to the Monetary Authority of Singapore, the city-state’s central bank and financial regulator that also has inquired about the firm’s work for the fund in question—1Malaysia Development Bhd., or 1MDB.
