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Ex-Goldman Banker Trial Reveals Greed, Graft From 1MDB Scheme

  • Star U.S. witness Leissner testifies to kickbacks, bonuses
  • Trial of Roger Ng filled with embarrassing revelations
Tim Leissner, center, leaves federal court in Brooklyn, New York, on Feb. 15.
Tim Leissner, center, leaves federal court in Brooklyn, New York, on Feb. 15.Photographer: Stephanie Keith/Bloomberg

Goldman Sachs Group Inc.’s dirty laundry has been airing in a New York courtroom, from a fast-escalating racket to loot Malaysia’s wealth fund to the handsome compensation given a high-flying grifter.

Tim Leissner, a former top banker at Goldman and the star witness in the federal bribery trial of his colleague Roger Ng, has spent the last week recounting troubling behavior that went on for years at Goldman and would make a compliance officer’s skin crawl.