Goldman Sachs Banker is sentenced to a prison in turn, with an amount of $ 4,500,000,000 looting from the Government Investment Fund in Malaysia: Report
According to Goldan Sachs Sachs prison for imprisonment for his role in stealing the investment of the Malaysian state of $ 4.5 billion (1MBD).
According to a new a report By NBC News, former Goldman Sachs employee Tim Lesnar was sentenced to two years in prison behind bars to pay his role in theft of billions of dollars.
Prosecutors say that Lesnar and others who worked in the banking giant helped Malaysia to raise $ 6.5 billion to the country’s investment fund through bond sales. However, $ 4.5 billion of these funds were stolen, washed through bribes and operations, and used to buy luxury goods and financing exorbitant lifestyles.
The report says that the scandal was far -reaching and led to the fall of Malaysian Prime Minister Naguib Razzaq in 2018, who later was convicted of crimes related to the scheme and was sentenced to 12 years in prison.
Lesnar is scheduled to submit a report to the prison on September 15. He acknowledged that he was guilty in 2018 for the bribes of officials in Malaysia and Abu Dhabi.
Lesnar says,
“The money collected more than a decade ago had benefited greatly from the nation and its citizens. Instead, due to the greed of my country – and the greed of the participants beside me – they were different.
What we did was an unambiguous mistake, and I take a full responsibility for my role. I am very regretted my actions, and if I can go back, I will retract it without hesitation. “
Lesnar’s penalty includes two years of supervision release after the prison and the confiscation of about $ 44 million.
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