KUALA LUMPUR (Reuters) -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. Malaysia’s Commodities Minister Johari Abdul Ghani, speaking in his capacity as the chairman of the 1MDB asset recovery taskforce, said ex-Goldman banker […]
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Two-year prison sentence for ex-Goldman banker Leissner in 1MDB case ‘too short’, Malaysia minister says
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KUALA LUMPUR (Reuters) -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.
Malaysia’s Commodities Minister Johari Abdul Ghani, speaking in his capacity as the chairman of the 1MDB asset recovery taskforce, said ex-Goldman banker Tim Leissner should be given a maximum jail sentence “considering he is one of the masterminds facilitating the 1MDB scandal”.
Leissner, a former Southeast Asia chairman for Goldman, was sentenced to two years in prison by a judge in a New York court on Thursday for his role in the 1MDB scandal.
(Reporting by Ashley Tang and Danial Azhar; Editing by Martin Petty)