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The Independent UK
The Independent UK
National
Philip Marcelo

Ex-Goldman Sachs banker gets 2 years in prison for plot to fleece billions from Malaysia's 1MDB fund

Goldman Sachs 1MDB Tim Leissner Prison Malaysia Najib Razak Roger Ng
Malaysia Corruption Goldman Sachs - (Copyright 2023 The Associated Press. All rights reserved)

A former Goldman Sachs banker was sentenced Thursday to two years in federal prison for his role in a $4.5 billion scheme to ransack a Malaysian state investment fund.

Tim Leissner, at his sentencing in Brooklyn federal court, apologized to the people of Malaysia, who he called the “real victims” of the scheme.

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