Ex-Goldman banker said subpoenaed

Money On Hook

A former Goldman Sachs banker has become entangled in a sprawling investigation of the Malaysian state investment fund as U.S. authorities turn to him for information.

Bloomberg News reports that Tim Leissner was issued a subpoena about the Malaysia matter in late February, according to three people briefed on the matter, just days after Goldman Sachs confirmed he had left the firm.

Leissner, a German national, was most recently chairman of the firm’s Southeast Asia operations but had taken personal leave and relocated to Los Angeles by early this year, according to people with knowledge of the move.

From Malaysia to Switzerland to the U.S. investigators have been trying to trace whether money might have flowed out of the fund and illegally into personal accounts. Accusations have boomeranged and been called politically motivated even as authorities outside Malaysia press ahead with their inquiries.

At this point, it is unclear what information Leissner might be able to provide.

To access the complete Bloomberg News article hit the link below:

Ex-Goldman Banker to Malaysia Fund Subpoenaed in U.S. Probe

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