Ex-Goldman Banker Leissner Sentenced to Two Years in 1MDB Scandal

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Source: Financial Times
Ex-Goldman Banker Leissner Sentenced to Two Years in 1MDB Scandal
Photo: Financial Times
TL;DR Summary

Tim Leissner, a former Goldman Sachs banker involved in the 1MDB scandal, has been sentenced to two years in prison after admitting guilt and cooperating with prosecutors. The scandal, involving billions stolen from Malaysia's sovereign wealth fund, led to multiple convictions including Malaysia's ex-prime minister and other financiers. Leissner expressed remorse and faced significant personal and professional consequences, marking a major milestone in the global investigation into the corruption scheme.

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