Allegedly, an ex-Goldman Sachs Banker is sentenced to the prison for his role in the massive theft of $ 4.5 billion of the Malaysian state investment fund (1MBD).
According to a new report from NBC News, former Goldman Sachs employee Tim Leissner was sentenced to two years behind bars for paying a role in the robbery of millions of dollars.
Public Prosecutors say that Leissner and others who worked for the bank giant helped Malaysia with the collection of $ 6.5 billion for the investment fund of the nation by selling bonds. However, $ 4.5 billion of those funds was stolen, washed through bribes and bribes and used to buy luxury goods and to finance extravagant lifestyle.
The report says that the scandal was far -reaching and led to the demise of the then Malaysian Prime Minister Najib Razak in 2018, who was later convicted of crimes associated with the scheme and sentenced to 12 years in prison.
Leissner will report to prison on 15 September. In 2018 he pleaded to bribe officials in Malaysia and Abu Dhabi.
Says Leissner,
“The funds that were collected more than ten years ago could have benefited the nation and his citizens deeply. Instead, because of my greed – and the greed of those involved next to me – they were darkened.
What we did was unambiguously wrong and I take full responsibility for my role. I am deeply regretted by my actions, and if I could reverse the time, I would undo them without hesitation. ‘
Leissner’s punishment comprises two years of accompanied release after prison and a forfeiture of almost $ 44 million.
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