A big legal win has just taken place in Singapore. The High Court there has allowed 1Malaysia Development Berhad (1MDB), ...

Former Goldman Sachs banker Tim Leissner was sentenced on Thursday to two years in prison for role in 1MDB scandal.

A former Goldman Sachs banker has been sentenced to two years in federal prison for his role in a $4.5 billion scheme to ...

Tim Leissner, the former Goldman Sachs banker who played a central role in the infamous 1MDB scandal , was sentenced Thursday ...

Two-year prison sentence for ex-Goldman banker Leissner in 1MDB case 'too short', Malaysia minister says The two-year prison sentence for a former Goldman Sachs banker in the multi-billion dollar ...

Tim Leissner had pleaded guilty and cooperated with federal prosecutors investigating the looting of billions of dollars from ...

Former Goldman Sachs banker Tim Leissner apologised to Malaysians for his involvement in the 1Malaysia Development Bhd (1MDB) ...

Malaysia fears that Tim Leissner could be spared jail time at his expected sentencing in New York this week based on ...

1Malaysia Development Bhd (1MDB) is a state investment fund that ... 1MDB was 42 billion ringgit (HK$86 billion) in debt at the time of the scandal.

Edmond de Rothschild bank was fined $36 million for its role in money-laundering involving a Malaysian wealth fund. Read more ...

Malaysia’s scandal-hit 1Malaysia Development Berhad fund has said it will sue corporate services provider Amicorp Group and its CEO Toine Knipping for more than $1bn, for allegedly facilitating ...

Tim Leissner, at his sentencing in Brooklyn federal court, apologised to the people of Malaysia, who he called the “real ...