NEW YORK (AP) — 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 ...

Over RM4mil traced to a Swiss bank account and linked to the embezzlement of 1Malaysia Development Berhad (1MDB) funds was successfully recovered recently by the Malaysian Anti-Corruption Commission ...

Leissner admitted to his role in bribing officials in Malaysia and Abu Dhabi to secure lucrative bond deals for the global investment bank.

Former Goldman Sachs banker Tim Leissner was sentenced to two years in prison by a judge in a New York court on Thursday after playing a key role in a multi-billion dollar scandal involving Malaysia's ...

Prosecutors said Leissner and other Goldman Sachs bankers helped the Malaysian investment fund known as 1MBD, or the 1Malaysia Development Berhad state fund, raise $6.5 billion through bond sales.

Prosecutors said Leissner and other Goldman Sachs bankers helped the Malaysian investment fund known as 1MBD, or the 1Malaysia Development Berhad state fund, raise $6.5 billion through bond sales.