Business Maverick: Ex-Goldman Banker Casts Boss as Habitual Liar at 1MDB Trial

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 84%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Former Goldman Sachs Group Inc. banker Roger Ng’s defense team depicted his former boss Tim Leissner as a habitual liar who shaded the truth at every turn to get what he wanted.

Ng’s attorney, Marc Agnifilo, began his cross-examination of Leissner Tuesday by hammering the former Goldman Southeast Asia head about lies he admitted telling to prosecutors, federal agents, company officials and regulators, as well as his multiple wives and girlfriends.Leissner admitted lying on many occasions but claimed that was all in the past.

Ng, who claims he tried to warn Goldman about Low, has argued Leissner’s testimony is motivated by his desire to reduce his sentence. Agnifilo repeatedly assailed Leissner’s credibility during cross-examination. Leissner admitted that he lied in his initial discussions with prosecutors, attempting to minimize his own involvement in the scheme while pointing a finger at Ng and his own ex-wife, Judy Chan Leissner.“I am not proud and since then I have taken responsibility,” Leissner replied, adding that he was “really scared” when first approached by the Federal Bureau of Investigation.Agnifilo brought up a number of lies Leissner told in his private life.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business Maverick: Biden Assails Putin, Pledges Inflation Fight in State of UnionVladimir Putin “badly miscalculated” with his invasion of Ukraine, President Joe Biden said in his first State of the Union address on Tuesday, calling the Russian leader a “dictator” and warning that the war will leave his country weaker.
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: As BP and Shell Exit Russia, These Companies Still Have TiesThe invasion of Ukraine has prompted oil giant BP Plc and Shell Plc to quit Russia in a historic move that will bring billions of dollars of impairments. Now the pressure is building on others to follow suit.
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: Australian Miners Ramp Up Search For Lithium to Meet EV DemandExploration spending by Australian-listed miners hit an eight-year high in the fourth quarter of 2021, driven by the search for new lithium resources to meet surging demand from battery and electric vehicle makers.
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: Cartier Sues Tiffany for ‘High Jewelry’ Trade Secrets TheftsCartier sued Tiffany & Co., claiming its competitor in the luxury jewelry space stole trade secrets about some of its most exclusive products with the help of a former employee.
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: Russia’s Ultra-Rich Count Cost of $83 Billion Wealth WipeoutRussia’s billionaires are starting to feel the heat.
Source: dailymaverick - 🏆 3. / 84 Read more »