Jul
19

Goldman’s 1MDB Role Is the Subject of Banker’s Plea Talks

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  • Leissner, ex-Southeast Asia chief, discussing U.S. cooperation
  •  U.S. questioning whether bank should have flagged bond deals

U.S. prosecutors negotiating a possible deal with a former Goldman Sachs Group Inc. executive are pressing for information about whether the bank turned a blind eye to the plunder of a Malaysian investment fund, according to a person familiar with the matter.

If they reach a plea agreement with Tim Leissner, the Goldman banker who arranged the fund’s bond offerings, he would become a key witness against his superiors at the bank, said the person, who asked not to be identified because the matter isn’t public…

Goldman’s 1MDB Role Is the Subject of Banker’s Plea Talks

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