Goldman’s 1MDB Role Is the Subject of Banker’s Plea Talks
- Leissner, ex-Southeast Asia chief, discussing U.S. cooperation
- U.S. questioning whether bank should have flagged bond deals
This article is for subscribers only.
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.