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Acting Assistant Attorney General Brian Rabbitt, of the Justice Department's Criminal Division and other officials, speak, Thursday,  Oct. 22, 2020, at the Justice Department in Washington. A subsidiary of Goldman Sachs pleaded guilty on Thursday and agreed to pay more than $2 billion in a foreign corruption probe tied to the Malaysian 1MDB sovereign wealth fund, which was looted of billions of dollars in a corruption scandal.  The company, Goldman Sachs Malaysia, entered the plea in federal court in Brooklyn. (Yuri Gripas/The New York Times via AP, Pool)

Goldman Sachs subsidiary pleads to US charges in 1MDB probe

Oct. 22, 2020 5:49 PM EDT

WASHINGTON (AP) — A subsidiary of Goldman Sachs pleaded guilty on Thursday and agreed to pay more than $2.9 billion in a foreign corruption probe tied to the Malaysian 1MDB sovereign wealth fund, which was looted of billions of dollars in a corruption scandal. In addition, several current and former top...

FILE - In this Feb. 27, 2008, file photo, Elliott Broidy poses for a photo at an event in New York. Broidy, a fundraiser for President Donald Trump and the Republican Party, has been charged in an illicit lobbying campaign aimed at getting the Trump administration to drop an investigation into the multibillion-dollar looting of a Malaysian state investment fund. (AP Photo/David Karp, File)

Prominent GOP fundraiser charged in covert lobbying effort

Oct. 8, 2020 9:54 PM EDT

WASHINGTON (AP) — Elliott Broidy, a prominent fundraiser for President Donald Trump and the Republican Party, has been charged in an illicit lobbying campaign aimed at getting the Trump administration to drop an investigation into the multibillion-dollar looting of a Malaysian state investment fund. Broidy...