Singapore Said to Expand 1MBD Probe to Include Goldman Sachs

The transcript discusses Singapore's investigation into Goldman Sachs' involvement with 1MDB, focusing on a criminal probe into $600 million in fees. Singapore has previously taken actions against Swiss banks related to 1MDB, but this is the first criminal probe against a company.

What year did Singapore start looking into the relationship between Goldman Sachs and 1MDB?

• 2016

• 2015

• 2017

• 2018

What is the focus of the current criminal probe involving Goldman Sachs?

• Goldman's hiring practices

• Goldman's investment strategies

• Goldman's tax filings

• The $600 million in fees Goldman received

Through which unit did Goldman Sachs allegedly receive $600 million in fees?

• New York unit

• Hong Kong unit

• Singapore unit

• London unit

What actions had Singapore previously taken in relation to 1MDB?

• Increased taxes on foreign banks

• Banned Goldman Sachs from operating

• Introduced new banking regulations

• Revoked licenses of two Swiss banks

What is significant about the current probe against Goldman Sachs?

• It's the first time Singapore is investigating a company criminally

• It's the largest financial probe in Singapore's history

• It involves multiple international banks

• It has led to the arrest of several Goldman executives