U.S. probes Deutsche Bank's dealings with Malaysia's 1MDB
14 Juillet, 2019, 04:42 | Auteur: Auguste Feret
The United States Department of Justice is investigating whether Deutsche Bank broke laws in dealings with Malaysia's 1Malaysia Development Berhad (1MDB) investment fund that included helping it raise US$1.2 billion (S$1.6 billion) in 2014, The Wall Street Journal (WSJ) reported, citing unidentified sources.
Global financial news wire Bloomberg previously reported her links to Goldman Sachs executive Roger Ng, who introduced Tan to Low Taek Jho, the Penang-born fugitive better known as Jho Low said to have masterminded the misappropriation of 1MDB funds.
"As stated in asset forfeiture complaints filed by the US Department of Justice, 1MDB made "material misrepresentations and omissions to Deutsche Bank officials" in connection with 1MDB's transactions with the bank", the bank told Reuters.
In a statement, Deutsche Bank said it had fully cooperated with all regulatory and law enforcement agencies that made inquiries.
Tim Leissner, Goldman Sachs' former top man in southeast Asia is helping officials look at Deutsche Bank, the newspaper said.
The US Department of Justice opened an investigation into whether Deutsche Bank, Germany's embattled biggest lender, violated foreign financial laws in its work for 1MDB, American media reported Wednesday.
Pakistan joins US-led call for Afghan ceasefire, talks
More than 2,400 American military personnel have been killed since the war began and more than 20,000 others have been wounded. The soldier is the 10th member of the U.S. military to be killed this year - compared to 12 in all of 2018.
The New York-based bank, which has said it's cooperating with related investigations, has portrayed Leissner as a rogue employee who circumvented its internal controls and the Justice Department now expects to start negotiating with Goldman Sachs soon to potentially resolve a criminal probe.
"We do anticipate getting into active discussions with Goldman, at this point, in the near future", Assistant Attorney General Brian Benczkowski, who runs the agency's criminal division, said in an interview.
Leissner, Goldman's former head of Southeast Asia, pleaded guilty previous year to USA charges that he conspired to launder money and violated the Foreign Corrupt Practices Act.
The German bank's involvement in the massive graft scandal is a further blow: the lender just said it will cut one-fifth of its 91,000-person workforce and set up a "bad bank" in a recovery bid. It paid more than $18 billion in fines and other legal costs over the decade.
WSJ reported Tan left Deutsche Bank a year ago after it discovered her communications with Low, but it is unclear if she resigned or was sacked. Goldman Sachs handled the deals, reaping nearly US$600 million in fees. USA prosecutors have portrayed Low as the mastermind behind the scandal surrounding 1MDB, though he has consistently denied wrongdoing.
Nurse has also played a complete 40 minutes twice this season, both in games against the Minnesota Lynx (June 12, June 22). The league's coaches will vote for the 12 reserve - three guards, five frontcourt players and four utility choices.
The state of Washington was rocked Friday morning with a 4.6 magnitude quake Friday morning, the Associated Press reports . The quake initially registered as a 4.7 magnitude and was then downgraded to 4.4 before eventually going back up to a 4.6.
Un joueur formé à la maison, champion du monde et sa génération est partie, c'est difficile de le convaincre de poursuivre. Ce n'est pas fermé, mais je préfère vous dire la vérité. " Tant qu'il est là, on travaille comme s'il allait rester.
Le record est toujours détenu par la finale de 1992, remportée au bout de 5h01 par la paire John Mc Enroe/Michael Stich. Nicolas Mahut et Edouard Roger-Vasselin ont perdu mais sans doute disputé l'une des plus belles finales de Wimbledon.
L'occasion était trop belle pour Aston Martin Red Bull Racing d'effectuer une opération de communication autour de James Bond. C'est dans le cadre du Grand Prix de Grande-Bretagne 2019 que l'Hypercar d'Aston Martin a fait sa première publique.
Detectives and forensics were processing the scene Saturday morning; the man's name has not been released. The raid has sparked fears in the 10 cities targeted for enforcement; Seattle is not among them.
Police officers and civilians worked together to direct traffic while firetrucks and ambulances screamed down side streets. Con Edison did not immediately respond to phone messages, and it was not clear how far the outages reached.
She was born in Bangor, Maine and graduated from Duke University in Durham, North Carolina with her Master's degree in Fine Arts. Going back to reflecting on her television work, Niznik is also well known for her four year run on The WB's Everwood .
Prime Minister Theresa May was among the famous faces watching the action with the duchesses from the royal box on Saturday. But I missed the simplicity and vividness of the original hand-drawn images", he said. "Always positive no matter what".
Koscielny part au bras de fer avec Arsenal
Il avait notamment effectué son retour sur les terrains le 26 novembre 2018, plusieurs mois après une rupture du tendon d'Achille. Elle est de 12 pour le Borussia Dortmund et le LOSC , à 16 pour qu'il revienne à Lorient où il a joué avant Arsenal .
Ligue des champions : Le PSG dans le chapeau 1
C'est la somme totale que va reverser l'UEFA aux clubs en Ligue des Champions, dont le PSG, l'OL et le LOSC . Les différentes parts de marché seront distribuées aux clubs participants de chaque association.
Sudan activists call for ‘justice’ marches in wake of deal
Footage and photos posted by the SPA showed thousands of people demonstrating in the capital and its sister city of Omdurman. The RSF grew out of the notorious Janjaweed militias used by al-Bashir in the Darfur conflict in the early 2000s.