WASHINGTON: The US Federal Reserve said yesterday it had sanctioned two former Goldman Sachs Group Inc bankers for their roles in a money-laundering scandal involving state-owned investment fund 1MDB.
Leissner, a former partner for Goldman Sachs in Asia, did not admit or deny the charge, but agreed to a US$1.42 million fine, according to a settlement order issued by the Fed.A lawyer for Ng could not be immediately reached for comment. Ng may request a hearing about his ban, the Fed said.
AG is just playing soft...
But our great legal counsels are just too busy arguing on procedural matters and end up getting himself injured playing with his pet dog! justicedelayedisjusticedenied
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