Former Goldman Sachs banker Tim Leissner was sentenced to two years in prison by a judge in a New York court on Thursday ...

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

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

The former “star dealmaker” told a Brooklyn court that billions in stolen funds “could have profoundly benefited” Malaysia ...

Prosecutors sought leniency for Tim Leissner based on his cooperation, which the bank pushed back on, saying the former ...

The two-year prison sentence for a former Goldman Sachs banker in the multi-billion dollar scandal involving Malaysia's sovereign wealth fund 1MDB was too lenient, a Malaysian minister said on Friday.

The Malaysian and US authorities estimated that US$4.5 billion (S$5.8 billion) was stolen from 1MDB in an elaborate scheme that spanned the globe and implicated high-level officials in the fund ...

Former Goldman Sachs banker Tim Leissner was sentenced to two years in prison for his involvement in the 1MDB scandal, where ...

Ng’s lawyers described the looting of 1MDB as “perhaps the single largest heist in the history of the world,” but maintained prosecutors scapegoated him for crimes committed by others ...

A big legal win has just taken place in Singapore. The High Court there has allowed 1Malaysia Development Berhad (1MDB), Malaysia’s troubled former sovereign wealth fund, and its subsidiary Brazen Sky ...

A Singapore court has allowed 1MDB and its subsidiary Brazen Sky Limited to proceed with a US$394 million (RM1.68 billion) ...

PETALING JAYA: The US Justice Department has reached an agreement with 1Malaysia Development Berhad (1MDB) former general counsel Jasmine Loo (pic). It said in a statement that the agreement is to ...