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Johari Ghani, chairman of the 1MDB asset recovery task force, said Tim Leissner’s sentence is too lenient given the scale and gravity of the crime.PETALING JAYA: The light two-year prison sentence given to former Goldman Sachs banker Tim Leissner for his role in the 1MDB scandal risks sending the wrong message to global financial institutions, says 1MDB asset recovery task force chairman Johari Ghani.
However, Johari said Leissner’s light sentence, despite the offence carrying a potential maximum sentence of 25 years, is too lenient given the scale and gravity of the crime.“Leissner was one of the masterminds in one of the world’s most serious financial scandals, which resulted in the misappropriation of billions of dollars from 1MDB.
Goldman-Sachs Johari-Ghani Tim-Leissner
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