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Ex-Goldman banker gets two-year prison sentence in 1MDB case

New York | Former Goldman Sachs banker Tim Leissner was sentenced to two years in prison by a judge in a New York court after he pleaded guilty in 2018 for his involvement in a multibillion-dollar scandal involving Malaysia’s sovereign fund 1MDB.

Leissner, 53, admitted to helping siphon billions of dollars from the Malaysian investment fund, 1MDB, to pay about $US2 billion in bribes to foreign officials while splitting another $US1 billion in kickbacks with others in the scheme.

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Reuters

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    Original URL: https://www.afr.com/companies/financial-services/ex-goldman-banker-gets-two-year-prison-sentence-in-1mdb-case-20250530-p5m3fy