Star Witness Against Ex Goldman Banker Says Wives Used To Disguise 1mdb Kickbacks



(Malaysia Now) – Two Goldman Sachs bankers concocted a scheme involving their wives to conceal kickbacks they received for helping to loot the 1MDB sovereign wealth fund, one of the bankers testified on Thursday at the corruption trial of the other, Roger Ng.
Tim Leissner, who had been Ng’s supervisor at Goldman before becoming the star government witness against him, said he received kickback payments from businessman Jho Low, for helping embezzle funds Goldman raised for 1MDB through three bond sales.
Leissner testified after pleading guilty to money laundering and corruption charges, while Ng has pleaded not guilty to conspiring to commit money laundering and violating an anti-corruption law.
The charges stem from one of the biggest financial scandals in history, in which US prosecutors say US$4.5 billion of the US$6.5 billion Goldman raised for 1MDB was diverted to government officials bankers and their associates through bribes and kickbacks.
Leissner, 52, said that after the first bond sale in 2012, he received US$35 million from Low, and transferred half of it to Ng.
Both then discussed crafting a “cover story” to explain the payments so the banks processing the funds would not grow suspicious, Leissner said.
“His wife’s family had previously made an investment in my wife Judy’s business in China, and this was return of that investment,” Leissner told the jury in Brooklyn federal court, referring to his former wife Judy Chan.
Leissner said the story was untrue, and that he did not know if Ng, 49, relayed it to his bank.
The statement could be problematic for Ng.
His lawyer, Marc Agnifilo, has denied the payment was a kickback, and said the men’s wives had a legitimate business together.
Agnifilo has said he plans to call Ng’s wife, Hwee Bin Lim, to testify in her husband’s defence.
He may question Leissner about the payment during cross-examination, which will not take place until next week because the US Department of Justice delayed disclosing about 15,500 documents related to Leissner to the defense.
Agnifilo signalled in his opening statement that he will challenge Leissner’s credibility by asking about his infidelity.
Leissner testified on Thursday that in 2013, while separated from Chan, he forged divorce papers in order to marry Kimora Lee Simmons, the American model and former wife of US music producer Russell Simmons.
Goldman in 2020 paid a nearly US$3 billion fine and arranged for its Malaysian unit to plead guilty in US court.
US prosecutors indicted Low in 2018, but he has not been arrested by American or Malaysian authorities. Putrajaya has said Low is in China, which Beijing denies.
Star witness against ex-Goldman banker says wives used to disguise 1MDB kickbacks



Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

https://www.malaysia-today.net/2022/02/25/star-witness-against-ex-goldman-banker-says-wives-used-to-disguise-1mdb-kickbacks/

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
Ex Goldman Banker S 1mdb Graft Trial Hits Snag Over Evidence Disclosure

Ex Goldman Banker S 1mdb Graft Trial Hits Snag Over Evidence Disclosure

papar berkaitan - pada 24/2/2022 - jumlah : 178 hits
Prosecutors say they have learnt that a DoJ division did not share with them or Roger Ng some 15 500 documents related to Tim Leissner Ng s former boss The trial of a former Goldman Sachs banker accused of helping loot the 1MDB sovereign we...
Even Najib S Brother Asked Him To Take Action Against 1mdb Looters Says Mahathir

Even Najib S Brother Asked Him To Take Action Against 1mdb Looters Says Mahathir

papar berkaitan - pada 21/2/2022 - jumlah : 203 hits
Dr Mahathir Mohamad has launched a scathing attack on Najib Razak in another letter to the voters of Johor ahead of the state elections In his second letter Mahathir said he felt embarrassed for having to repeatedly mention Najib calling hi...
Jho Low Goldman Sachs Schemed On Us 3 5bil Guarantees For 1mdb Court Told

Jho Low Goldman Sachs Schemed On Us 3 5bil Guarantees For 1mdb Court Told

papar berkaitan - pada 26/2/2022 - jumlah : 160 hits
Low took out a piece of paper and started drawing boxes On one side of the page were several boxes for Malaysian officials who needed to be paid off and on the other were boxes for the Abu Dhabi officials A US court has heard how fugitive b...
Jho Low Was Our Shadow Director Says 1mdb In Court Filing

Jho Low Was Our Shadow Director Says 1mdb In Court Filing

papar berkaitan - pada 26/2/2022 - jumlah : 184 hits
Low Taek Jho had replied to 1MDB s suit saying it should be dismissed as it failed to disclose a reasonable cause of action over the allegation of breach of trust or fiduciary duty KUALA LUMPUR Malaysia s wealth fund 1MDB has claimed that f...
Probe Zeti Others Implicated In Latest 1mdb Exposes Says Guan Eng

Probe Zeti Others Implicated In Latest 1mdb Exposes Says Guan Eng

papar berkaitan - pada 26/2/2022 - jumlah : 199 hits
DAP secretary general Lim Guan Eng has called for a full investigation to be carried out against former Bank Negara Malaysia governor Zeti Akhtar Aziz and other figures implicated in the latest revelations related to the 1MDB scandal This c...
Abdul Karim Says Governor Title Should Be Retained Yang Di Pertua Negara Never Used In Sarawak

Abdul Karim Says Governor Title Should Be Retained Yang Di Pertua Negara Never Used In Sarawak

papar berkaitan - pada 18/2/2022 - jumlah : 212 hits
Datuk Seri Abdul Karim Rahman Hamzah speaks during a press conference in Kuching November 16 2021 Borneo Post picKUCHING Feb 18 Sarawak has never adopted the title of Yang di Pertua Negara for its head of state said Datuk Seri Abdul Karim R...
Macc Being Used As Political Weapon By Govt Says Guan Eng

Macc Being Used As Political Weapon By Govt Says Guan Eng

papar berkaitan - pada 4/3/2022 - jumlah : 209 hits
Lim Guan Eng laments the decision by the anti graft agency not to take further action after investigations involving Muhyiddin Yassin and Tajuddin Rahman PETALING JAYA DAP secretary general Lim Guan Eng has accused the Malaysian Anti Corrup...
Premier To Be Used From Today Says Sarawak Govt

Premier To Be Used From Today Says Sarawak Govt

papar berkaitan - pada 1/3/2022 - jumlah : 196 hits
Abang Johari Openg will now be addressed as premier PETALING JAYA Effective today the title of Sarawak s head of government will be premier instead of chief minister according to its state secretary Amar Jaul Samion In a statement Amar also...
Stupid Says Dr Mahathir On Najib S 1mdb Debt Remarks

Stupid Says Dr Mahathir On Najib S 1mdb Debt Remarks

papar berkaitan - pada 4/3/2022 - jumlah : 292 hits
Pejuang chairman Dr Mahathir Mohamad today slammed remarks by Najib Razak in the Dewan Rakyat yesterday that the repayment of the 1MDB debt did not involve the people s money He said Najib who has been convicted and sentenced in the SRC Int...
Let S Not Return To The Old Ways Of Tight Media Control

Air Terjun Tujuh Puteri Bukit Sri Permata

Bank Islam Berwajah Baru Melalui Aplikasi Dan Web

Company Director Scammed Of Over Rm1mil By Inspector Harun

O G Firm Right To Dismiss Worker For Refusing Covid 19 Jab Says Industrial Court

How To Survive Thanksgiving Travel

Resipi Cheese Tart

Kyrkoherden Och Draken En F Rh Xande Saga Om Mod Och V Nskap Fr N Antika Spanien


echo '';
Senarai Lagu Tugasan Konsert Minggu 1 Gegar Vaganza 2024 Musim 11

Info Dan Sinopsis Drama Berepisod Dhia Kasyrani Slot Akasia TV3

Biodata Terkini Reshmonu Peserta Gegar Vaganza 2024 Musim 11 GV11 Penyanyi Lagu Hey Waley

Gegar Vaganza 2024 GV 11 Hadiah Tiket Peserta Juri Format Pemarkahan Dan Segala Info Tonton Live Di Astro Ria Dan Sooka

6 Janji Donald Trump Kalau Dia Naik Jadi Presiden Semula


Orang Tua Sekarang Membunuh Anaknya Secara Halus

Apabila Wanita Tertinggi Dan Paling Pendek Bertemu

Seorang Sahaja Zul Ariffin Tersasul Doa Minta 4 Isteri

Isu Artis Mangsa Buli Syafiq Yusof Gesa Produksi Main Peranan Perlu Wujudkan Suasana Friendly

Kathryn And Sydney S Fantastic Pantyhose Adventure Part One

15 Creative Diy Fall Garlands To Spruce Up Your Autumn D Cor