Goldman Sachs CEO David Solomon has faced internal criticism from partners questioning his leadership, prompting the firm to launch an internal investigation to identify sources of leaks. Meanwhile, former Goldman Sachs partner Tim Leissner is set to be sentenced in the Eastern District of New York for his involvement in the multibillion-dollar 1MDB scandal, a major fraud and embezzlement case involving the Malaysian sovereign wealth fund. Leissner, who played a key role in exposing the scandal, is reportedly being sought for $18 million by an unnamed party related to the case.
Good morning from the Eastern District of New York, where former Goldman Sachs partner Tim Leissner faces sentencing for his role in the multibillion-dollar fraud and embezzlement of Malaysian sovereign wealth fund 1MDB.
"1MDB scandal exposer seeks $18mn from ex-Goldman executive" #FT | Now here's name we have not heard in a while. One of David Solomon's great accomplishments... $GS
Ex-Goldman banker Leissner to be sentenced over 1MDB scandal https://t.co/RREnIXt57K via @business