Ex-Goldman banker Leissner sentenced to prison in 1MDB case

Sentence is 2 years after he pleaded guilty for involvement in scandal

20250529N 1MDB case in Brooklyn courtroom sketch REU

Witness Timothy Leissner points out former Goldman Sachs banker Roger Ng, who is accused of helping to launder hundreds of millions of dollars looted from Malaysia's 1MDB sovereign wealth fund and bribing officials to win business, before U.S. District Judge Margo Brodie in Brooklyn federal court in New York, on Feb. 16, 2022. © Reuters

May 30, 2025 03:04 JST

Updated on May 30, 2025 05:19 JST

NEW YORK (Reuters) -- 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 sovereign fund 1MDB.

Malaysian and U.S. authorities estimated $4.5 billion was stolen from 1MDB in an elaborate scheme that spanned the globe and implicated high-level officials in the fund, former Malaysian Prime Minister Najib Razak, Goldman executives and others.