US judge orders ex-Goldman banker Leissner to forfeit RM195m

Former Goldman Sachs banker Tim Leissner has been ordered to forfeit US$43.7 million (RM195 million) in cash by US district judge Margo Brodie in the latest development in 1MDB-related court proceedings.

According to a report by Bloomberg, Leissner, who pleaded guilty to participating in the 1MDB foreign bribery fraud, was ordered on Friday to surrender the assets as part of his earlier guilty plea to foreign bribery and money-laundering charges related to the 1MDB scandal.

He is also to surrender...