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Tim Leissner (born October 31, 1971) is a German-born investment banker and a former managing director at Goldman Sachs and chairman of the bank's Southeast Asia division. [1] Leissner helped orchestrate the 1Malaysia Development Berhad scandal , one of the biggest financial scandals in history, in which billions of dollars were stolen.
Mar 9, 2023 · Tim Leissner, former co-head of investment banking at Goldman Sachs, admitted to bribing government officials in Malaysia and Abu Dhabi to secure bond sales for the Malaysian development fund 1MDB. He faces up to 15 years in prison and a $43.7 million fine.
Mar 13, 2022 · Mr. Leissner’s 10 days of testimony — including six days of blistering cross-examination — laid out the details of a global fraud that toppled Malaysia’s prime minister and forced Goldman ...
Mar 4, 2023 · Tim Leissner, who led guilty to bribing officials in Malaysia and Abu Dhabi, was ordered to surrender the assets as part of his plea deal. He also faced a lawsuit from his former colleague Roger Ng, who was convicted of the same charges and recommended to serve at least 15 years in prison.
Mar 9, 2023 · As part of the scheme, Ng and his co-conspirators, including Tim Leissner, the former Southeast Asia Chairman and participating managing director of Goldman Sachs, conspired to and did pay more than $1 billion in bribes to 12 government officials in Malaysia and the United Arab Emirates to obtain and retain lucrative business for Goldman Sachs ...
Mar 1, 2022 · Tim Leissner, testifying in the trial of a former colleague accused of helping loot billions of dollars from a Malaysian sovereign wealth fund, said he misled his wives, including Kimora Lee Simmons.
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In 2012, Goldman Sachs banker Tim Leissner was paid a total of $12mn, a personal record, after arranging blockbuster bond deals for state investment fund 1MDB, the proceeds from which he would ...
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