prosecutors said Ng helped two co-conspirators – his former boss Leissner and Jho Low, Najib’s partner-in-crime, in embezzling money from 1MDB. Ng’s lawyer said he is a “fall guy” for one of the biggest financial scandals in Wall Street history, as Leissner testifies as a government witness against Ng.Įven though the trial in a Brooklyn federal court was supposed to focus on Goldman’s role in the international scandal, Leissner’s testimony has done more damage than Malaysian former premier Najib had wanted at this critical time. anti-bribery laws and money laundering, Ng has pleaded not guilty to helping launder millions of dollars looted from the Malaysian sovereign wealth fund 1MDB.

While 52-year-old Leissner pleaded guilty in August 2018 to conspiring to violate U.S. Mr Ng had received RM35 million in kickbacks to take part in the money laundering scheme. federal court in the ongoing 1MDB trial of Roger Ng, Goldman’s Malaysian head of investment banking. Leissner, the former chief of Goldman Sachs’ Southeast Asia operation, has exposed more dirty backroom and bedroom deals – sex, bribes and blackmail – during his testimony in a U.S. His appeal, however, could be jeopardised following the trial of Tim Leissner. The world’s biggest crook wants to appoint Queen’s Counsel (QC) from the United Kingdom to appeal in his final appeal. Shafee Abdullah, his leading attorney whom he proudly introduced to journalists as “hotshot lawyer” in 2018, has been dropped. But Mr Najib has since lost much of his earlier confidence.

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