Ex-Goldman Sachs bankers consulted feng shui master on 1MDB probe, court hears

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Two former Goldman Sachs bankers sought advice from a feng shui master in 2016 on how to handle a US investigation into the looting of funds from Malaysia’s 1MDB sovereign wealth fund, one of the bankers, Tim Leissner, testified on Tuesday (March 1). Leissner is the prosecutors’ star witness at the Brooklyn federal court trial of Roger Ng, 49, who...

Witness Timothy Leissner points out former Goldman Sachs banker Roger Ng in Brooklyn federal court in New York in February. Courtroom sketch.Two former Goldman Sachs bankers sought advice from a feng shui master in 2016 on how to handle a US investigation into the looting of funds from Malaysia’s 1MDB sovereign wealth fund, one of the bankers, Tim Leissner, testified on Tuesday .

Leissner testified that he and Ng played a key role in that scheme and that he personally transferred US$35 million in kickbacks to Ng, Goldman’s top banker for Malaysia. Leissner oversaw the firm’s Southeast Asia team.

 

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