What a wild story.
Sometimes the real world really is stranger than fiction.
By Harry Cassin and cross-posted from The FCPA Blog
The former chairman of Goldman Sachs in Southeast Asia, Tim Leissner, pleaded guilty yesterday to FCPA and money laundering conspiracies in connection with a plot to loot the Malaysian sovereign wealth fund 1MDB.
Here are eight odd facts about the 1MDB investigation.
1. The alleged mastermind is a 36-year old fugitive.
Low Taek Jho a.k.a. Jho Low, pictured above, is a Malaysian who’s sought by U.S., Swiss, Singaporean, and Malaysian authorities.
He may be traveling on a passport from the Caribbean islands of Saint Kitts and Nevis.
Low has also supposedly been seen in Phuket, Macau, Hong Kong, Taiwan, and Shanghai since the 1MDB scandal broke.
He was supposedly last seen in China, but local authorities deny he’s there.
2. Spies are involved.
Eight former agents from Malaysia’s foreign intelligence agency were arrested in August for allegedly stealing $12 million in government funds…
View original post 204 more words