The Kuala Lumpur High Court allows the seizure after it was told that there were no objections or claims made by any party.

That unplanned error was immediately acknowledged and corrected, whereas Tim Leissner was to continue to assist Jho Low and his boss, Prime Minister Najib Razak, in continuing to steal and launder ...

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

Banker-Turned-Scammer Tim Leissner Sentenced to 2 Years in Prison for Role in 1MDB Billion-Dollar Heist. From Wall Street ...

PETALING JAYA: Widespread criticism has emerged over the two-year sentence imposed on former Goldman Sachs banker Tim Leissner for his role in the 1MDB scandal, with many arguing it fails to ...

Former Goldman Sachs banker Tim Leissner being hit with a mere two years’ imprisonment might send the wrong message to global financial institutions, 1MDB asset recovery task force chairperson ...

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 ...

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

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

PETALING JAYA: Former Goldman Sachs banker Tim Leissner apologised to Malaysians for his involvement in the 1Malaysia Development Bhd (1MDB) scandal, according to Reuters. "First and foremost ...

Prosecutors said Leissner and other Goldman Sachs bankers helped the Malaysian investment fund known as 1MDB, or the 1Malaysia Development Berhad state fund, raise $6.5 billion through bond sales. But ...

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.