The facts disputed to Ng and his former shareholders date back above all to the two-year period 2012-2013, when the US bank invested 6,5 billions of dollars of 1Mdb, obtaining 600 million dollars. Among other things, Leissner himself would have helped organize a meeting between Najib and the then CEO of Goldman Sachs, Lloyd Blankfein, before an important bond issue that Goldman himself would have undertaken on behalf of the 1Mdb fund in 2012. Tim Leissner is also best known as the husband of Kimora Lee Simmons. According to what witnessed by Leissner, among the illicit means used to facilitate Jho Low's business also included economic favors for the Malaysian prime minister then in office, Najib Razak, himself at the center of the scandal. Celebrity Partner Tim Leissner Tim Leissner - Updated May 2023 Tim Leissner is a famous German banker, financial marketer, and ex-employee of Goldman Sachs. was initially rejected by Goldman as a customer.įrom this collaboration, which began in 2008, the criminal plan that led to the stealing of billions of dollars from the Malaysian sovereign investment fund would have originated. From the first hearings of the trial, the crucial role of Roger Ng and Leissner - who at the time of the disputed facts were working for the bank in Malaysia - in facilitating Jho Low's illicit business privately emerged in particular, despite the latter. The money would be used for their private use and to finance the bribery of government officials in Malaysia and Abu Dhabi to speed up Goldman Sachs' business.
According to the prosecution, Ng and his alleged co-conspirators, among them Low Taek Jho - known as Jho Low - they would be guilty of embezzlement for 2,7 billion dollars stolen from the fund. The US government accuses Ng and Leissner of bribery, of bypassing reporting and money laundering regulations in the context of Goldman's business with the Malaysian sovereign wealth fund. Separately, Tim Leissner, a former Goldman Sachs partner and Southeast Asia chairman, is negotiating with American prosecutors over a potential guilty plea regarding his alleged role in the.
#TIM LEISSNER LINKEDIN TRIAL#
The trial sees another former Goldman banker, Roger Ng, a former US banker, accused. The former Goldman Sachs banker Tim Leissner testified yesterday in New York, during a hearing in the trial undertaken by the US judiciary regarding the role of the large US investment bank in the scandal of the Malaysian sovereign investment fund 1Malaysia Deveolpment Derhad (1Mdb). Ex-Goldman Sachs exec Tim Leissner, the estranged husband of model and Baby Phat designer Kimora Lee Simmons, pleaded guilty to his role in a purported 4.5B heist against the sovereign fund of.
0 kommentar(er)
