02-25-2022, 06:06 PM
(This post was last modified: 02-25-2022, 06:06 PM by superadmin.)
1MDB trial: UAE deputy PM, Najib among recipients of US$100 mil briberies, Leissner alleges
![[Image: Tim_Leissner-The_Personage_pic.png]](https://media.thevibes.com/images/uploads/covers/_large/Tim_Leissner-The_Personage_pic.png)
KUALA LUMPUR – Briberies of at least US$100 million to top officials in Malaysia and Abu Dhabi are what it took to grease the wheels in the 1Malaysia Development Bhd (1MDB) financial scandal, said star witness and disgraced Goldman Sachs banker Tim Leissner in his third day of testimony.
Prior to this, he had testified he was told that United Arab Emirates’ Deputy Prime Minister Sheikh Mansour bin Zayed Al Nahyan “wouldn’t get out of bed for less than US$100 million” as well as former Malaysian prime minister Datuk Seri Najib Razak getting his share of kickbacks.
In his testimony against former colleague Roger Ng, Leissner now puts the blame on fugitive Low Taek Jho, popularly known as Jho Low, saying the Penang-born businessman was the mastermind of the multibillion-dollar 1MDB scam.
He alleged that Low spelled out who needed to be paid off for approval to raise and spend 1MDB’s billions, reported Bloomberg.
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Prior to this, he had testified he was told that United Arab Emirates’ Deputy Prime Minister Sheikh Mansour bin Zayed Al Nahyan “wouldn’t get out of bed for less than US$100 million” as well as former Malaysian prime minister Datuk Seri Najib Razak getting his share of kickbacks.
In his testimony against former colleague Roger Ng, Leissner now puts the blame on fugitive Low Taek Jho, popularly known as Jho Low, saying the Penang-born businessman was the mastermind of the multibillion-dollar 1MDB scam.
He alleged that Low spelled out who needed to be paid off for approval to raise and spend 1MDB’s billions, reported Bloomberg.
- More -