NEW YORK (AP) — A former Goldman Sachs banker was sentenced Thursday to two years in federal prison for his role in a $4.5 ...

The two-year prison sentence for a former Goldman Sachs banker in the multi-billion dollar scandal involving Malaysia's sovereign wealth fund 1MDB was too lenient, a Malaysian minister said on Friday.

Tim Leissner helped divert billions in Malaysian funds to corrupt officials but pleaded guilty and aided prosecutors ...

the former prime minister of Malaysia… and Goldman Sachs, the richest investment bank in the world,” DOJ prosecutors wrote. They added: “That reality renders additional punishment from this ...

Kuala Lumpur’s scramble to secure custody of Leissner is crucial to Prime Minister Anwar Ibrahim’s wider plan to revisit a settlement Malaysia had entered with Goldman Sachs in August 2020 ...

Pride is a iGaming expert writer with over 10 years of experience. He joined ReadWrite in 2024 as a casino content specialist, with a simple,… We uphold a strict editorial policy that focuses on ...

WHEN Chinese President Xi Jinping returned to Malaysia recently for a state visit after more than a decade, it must have been a nostalgic moment for the leader, as much has changed for him ...

The US Census Bureau data for 2024 showed that the United States has incurred a trade deficit of US$24.8bil with Malaysia (contributing 2.1% of the US total trade deficit), placing Malaysia on the ...