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US reviews Malaysia’s extradition request for ex-Goldman Sachs banker, Tim Leissner

The US is considering Malaysia’s request to extradite Tim Leissner over the 1MDB scandal, as Malaysia seeks justice and full recovery.

KUALA LUMPUR: The United States government is considering an extradition request from Malaysia for former Goldman Sachs executive Tim Leissner.

Malaysia submitted the request on 14 August 2024 for Leissner to face trial related to the 1Malaysia Development Berhad (1MDB) fund.

The Attorney General’s Chambers stated that Malaysia has provided additional information requested by the US authorities.

It said the pursuit of justice in the 1MDB case demands continued resolve and perseverance.

“Malaysians remain deeply concerned about the role played by Goldman Sachs in one of the largest fraud schemes in modern history, which targeted Malaysians as its primary victims,” the AGC said.

It added that new information has emerged since former Goldman Sachs banker Roger Ng was returned to Malaysia in 2023 after a US trial.

“Malaysia continues to work towards securing documents previously unavailable and bringing in individuals, including Tim Leissner, who have yet to be tried under Malaysia’s justice system.”

The AGC stated that Malaysia continues to suffer from the long-term financial impact of the scandal.

It said there are irreversible losses until all recovery efforts are fully realised.

“Therefore, Malaysia will not relent in seeking fair and just redress from the global banking giant and from all those complicit in this criminal act.”

On 29 May, Bernama reported Leissner was sentenced to two years in prison by a New York court.

Judge Margo Brodie described Leissner’s actions as “brazen and unethical.”

She noted his cooperation with prosecutors was considered but could not undo the extensive damage caused.

In court, Leissner apologised to Malaysians and expressed regret for his actions. – Bernama

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