Leissner Blames Goldman's Culture of Secrecy in Hiding 1MDB Scheme

Tim Leissner admitted to conspiring with Goldman Sachs employees and agents, involving money laundering, bribery, and kickbacks over five years to secure business from Malaysian officials. He also admitted to lying about Joe Lo's role, the alleged mastermind behind the 1MDB scandal. Despite Leissner's admission, Goldman Sachs claims the proceeds were for development projects and that Leissner withheld information, attempting to distance themselves from the scandal.

What illegal activities did Tim Leissner admit to participating in?

• Forgery and identity theft

• Money laundering, bribery, and kickbacks

• Insider trading and tax evasion

• Fraud and embezzlement

Who is considered the mastermind behind the 1MDB scandal?

• Tim Leissner

• Michael Devale

• Mahatir Muhammad

• Joe Lo

What is Joe Lo currently doing in relation to the charges against him?

• Cooperating with authorities

• Hiding to avoid charges

• Serving a prison sentence

• Testifying in court

What did Goldman Sachs claim about the proceeds from the debt sales?

• They were donated to charity

• They were used for personal gain

• They were intended for development projects

• They were lost in a financial crisis

How did Goldman Sachs respond to the allegations against Tim Leissner?

• They admitted full responsibility

• They claimed ignorance of the situation

• They stated Leissner withheld information

• They denied any involvement