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The Independent UK
The Independent UK
National
Via AP news wire

Ex-Goldman banker testifies 1MDB scheme a 'house of cards'

Copyright 2022 The Associated Press. All rights reserved.

A former top banker at Goldman Sachs testified Wednesday that he and other corrupt executives at the firm built a “house of cards” that was doomed to fall to try to conceal an audacious scheme to ransack a Malaysian state investment fund.

Tim Leissner told a federal jury in New York City that he paid bribes, took kickbacks and lied to banks to keep the scheme going. Leissner identified Roger Ng, who’s on trial in the sprawling case, as a key conspirator.

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