Anonymous ID: e04777 July 17, 2018, 9:16 a.m. No.2187345   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>7489

SINGAPORE: The former Goldman Sachs executive who had been linked to a troubled Malaysian state fund was not based in Singapore when the deals allegedly took place, the Monetary Authority of Singapore (MAS) said on Tuesday (Mar 8).

 

"Tim Leissner was based in Singapore from 2002 to 2011, and moved to Hong Kong in November 2011. He was not based in Singapore when his alleged involvement in the 1MDB (1Malaysia Development Bhd) deals took place," an MAS spokesperson said in an email.

 

"Goldman Sachs issued a memo in July 2014 announcing that Tim Leissner was appointed as Goldman Sachsโ€™ Chairman of Southeast Asia and would be relocating back to Singapore. However, our records show that he did not relocate to Singapore and Goldman Sachs has confirmed that the relocation did not materialise,โ€ the spokesperson added.

 

Read more at https://www.channelnewsasia.com/news/asia/ex-goldman-sachs-banker-wasn-t-in-singapore-when-1mdb-deals-took-8158364