Ex-Goldman Banker Leissner to Be Sentenced Over 1MDB Scandal (1)

Nearly seven years after pleading guilty to his role in one of the largest financial scandals in history, former Goldman Sachs Group Inc. banker Tim Leissner is set to find out on Thursday if he’s going to prison.

Leissner, 53, admitted to helping siphon billions of dollars from the Malaysian investment fund, 1MDB, to pay about $2 billion in bribes to foreign officials while splitting another $1 billion in kickbacks with others in the scheme. Leissner, Goldman’s former Southeast Asia chairman, cut a deal with US prosecutors that allowed him to remain free if he helped the investigation and testified ...