All articles tagged with #tim leissner
A former Goldman Sachs banker, Tim Leissner, was sentenced to two years in prison for his role in a $4.5 billion scheme involving the Malaysian 1MDB fund, which led to significant financial theft, lavish spending, and political repercussions in Malaysia. Leissner pleaded guilty to bribery and cooperated with authorities, acknowledging his responsibility and expressing remorse.
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.