According to the SEC’s order, beginning in 2012, Leissner, as participating managing director of Goldman Sachs, used a third party intermediary to bribe high-ranking government officials in Malaysia and the Emirate of Abu Dhabi. The order finds that these bribes enabled Goldman Sachs to obtain lucrative business from 1Malaysia Development Berhard (1MDB), a Malaysian government owned investment fund, including underwriting $6.5 billion in bond offerings. The order further finds that Leissner personally received more than $43 million in illicit payments for his role in facilitating the bribe scheme.
‘Enforcement 40’ for 2020
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