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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
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Malaysia Finance Minister Estimates 10% 1MDB Recovery

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.