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

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

Assessment

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Business, Social Studies

University

Hard

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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.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What did Leissner say about concealing Joe Lo's involvement?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was Goldman Sachs' response to the allegations made against them?

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