Malaysia summons two Goldman Sachs units linked to 1MDB scandal

Malaysian prosecutors said Monday they will summon Goldman Sachs units in London and Hong Kong to appear at a June hearing of a case linked to corruption in state investment fund 1MDB. The Wall Street titan is accused of misleading investors in the case when it helped 1MDB raise $6.5 billion through a series of bond issues in 2012 and 2013. Malaysian authorities are seeking fines in excess of the $2.7 billion allegedly misappropriated from the bond issues as well as the $600 million Goldman earned in fees.