Tim Leissner’s incarceration comes eight years after he pleaded guilty to helping embezzle US$4.5 billion from 1MDB. (File pic) Former Goldman Sachs banker Tim Leissner reported to federal prison to ...

PETALING JAYA: The 1Malaysia Development Bhd (1MDB) court verdict marks the conclusion of one of the longest and most ­closely watched trials in the country’s judicial history, say legal experts. The ...

*Kimora Lee Simmons has reportedly spent close to five years occupying a $25 million Beverly Hills estate that her estranged husband bought using embezzled funds from 1MDB, the Malaysian sovereign ...

NEW YORK, Feb 7 — Former Goldman Sachs banker Tim Leissner has begun serving a two‑year federal prison sentence in the United States for his role in the multibillion‑dollar 1MDB corruption scandal, ...