He insisted Leissner was “married to two different women at the same time…twice.” The attorney also accused Leissner of forgery. And of having sex with Jasmine Loo Ai Swan, the former general counsel for 1MDB. Swan also received a $5 million transfer from the fund.
Leissner and Low divert billions
German-born Leissner was making more than $10 million as the Southeast Asia chairman at Goldman Sachs by 2012. But it may not have been enough for the now-estranged husband of model and Baby Phat designer Kimora Lee Simmons.
Court documents disclose that between 2012 and October 2014, more than $200 million is alleged to have been transferred from 1MDB to accounts owned and controlled by Leissner and a co-conspirator.
By 2015 the 1MDB Fund had accumulated overwhelming debt. And Goldman Sachs launched an in-house investigation.
The internal investigation found that Goldman Sachs bankers are alleged to have diverted tens of millions to themselves. The fund held $8 billion to be invested on behalf of the citizens of Malaysia. And around 2 billion dollars was embezzled from the fund.
