Ex-Goldman Sachs Banker gets 2 years in prison for a plot for Runa Billions from Malaysi’s 1MDB Fund star-news.press/wp

New York – Former Banker Goldman Sachs was sentenced to two years in the Federal Prison for his role in a 4.5 billion dollar scheme for the release of the Malaysian State Investment Fund.

Tim Leissner, in his sentence in the Federal Court in Brooklyn, apologized to the people of Malaysia, who called “real victims” schemes.

“The funds set up more than ten years ago could be deeply used by the nation and its citizens,” he said in a statement read in court and provided his lawyers. “Instead, because of my greed – and greedy those involved with me – they were unadjusted.”

Prosecutors said that Leissner and other Goldman Sachs bankers helped the Malay Investment Fund known as 1MDB, or the State Development Fund 1 Malaysia Berhad, collect $ 6.5 billion via Bond sales.

But they say that more than $ 4.5 billion funds stolen and plumaged through bribes and return strikes.

They burned bankrolled extravagant purchases, from wild pages to gorgeous spending on jewels, art, superasth and luxurious real estate, they said prosecutors. They also helped finance Marta’s Scorsese Film 2013. “Wolf of Wall Street” starring Leonardo Dicaprio.

The scandal led to the fall of the Government for the Malaysian Prime Minister of Raza in 2018. years. The najib was later convicted by the Malaysian court of abuse of power and other crimes related to the scandal and sentenced to 12 years in prison.

“What we did was unequivocally wrong, and I took my full responsibility for my role,” Leissner said on Thursday. “I deeply regret my actions, and if I could go back, I would undo them without hesitation.”

Leissner pleaded guilty in 2018. years to bribe government officials in Malaysia and Abu Dhabi.

He served as a key witness to the Government at the Roger NG trial, a colleague of the former Goldman Sachs banker who was convicted in 2023. to 10 years in the Federal Prison.

NG lawyers described the robbery of 1MDB as “perhaps some biggest shayak in the history of the world”, but he kept that the prosecutors were re-prepared for the crimes committed by others, including the Higher Lessner.

The prosecutors refused to comment on the sentence on Thursday. They did not seek a specific prison term in the submission of the penalty, while lawyers for Leissner sought a sentence of time already served.

Leisser is due to the report in prison 15. September, and his lawyers asked him to be sent to the Federal Prison in Otisville, New York, according to prosecutors.

Henry Mazurek, Leissner’s lawyer, said his client was ready to serve his sentence. It includes two years of supervised exit after prison and subtraction a total of $ 43.7 million, which was already paid to Malaysia, he said.

“Mr. Leisser cooperated not only to obtain an innocent sentence, but he told the full story about 1MDB and Goldman Sachs,” Mazurek Sachs said, “he said, and will continue to say that he will listen to the toxic culture code Goldman who inspired 1MDB scheme. “