Luxembourg Prosecutors Open Probe into 1MDB

Luxembourg prosecutors have initiated an investigation into potential embezzlement linked to 1MDB, focusing on bonds issued by Goldman Sachs in 2012. Several banks, including Wells Fargo, JP Morgan, and Deutsche, have been asked to retain records for ongoing probes, though they are not under investigation. Singapore's central bank is also reviewing related transactions. 1MDB claims no contact from foreign investigators, while the Malaysian government dismisses the allegations as a conspiracy.

What prompted Luxembourg prosecutors to open an investigation related to 1MDB?

• Discovery of new energy assets

• Concrete clues of embezzlement

• A report from Goldman Sachs

• A request from the Malaysian government

Which financial institution underwrote the bonds that are under investigation?

• Wells Fargo

• JP Morgan

• Goldman Sachs

• Deutsche Bank

What role are Wells Fargo, JP Morgan, and Deutsche Bank playing in the 1MDB investigation?

• They are the primary suspects

• They are assisting by retaining records

• They are providing financial support to 1MDB

• They are leading the investigation

What action is Singapore's Central Bank taking in relation to 1MDB?

• Freezing 1MDB's assets

• Contacting foreign investigators

• Conducting a thorough review of fund flows

• Issuing new bonds

What is the Malaysian government's response to the 1MDB investigation?

• They have contacted foreign investigators

• They have launched their own investigation

• They claim it's a conspiracy to topple the government

• They are cooperating fully