TOKYO -- The corruption scandal ensnaring Malaysia's government-owned 1Malaysia Development Berhad fund has taken a new turn, raising questions about internal controls at Goldman Sachs Group.
Former executives of the U.S. financial giant have been charged with circumventing internal controls, and a former Southeast Asia chairman has pleaded guilty to conspiring to launder money and to violate the Foreign Corrupt Practices Act. A sovereign wealth fund in Abu Dhabi is suing Goldman for damages.
