Najib got kickbacks from 1MDB bonds, says US Securities Commission


PETALING JAYA: The US Securities and Exchange Commission (SEC) has named former premier Datuk Seri Najib Razak as a recipient of kickbacks from bonds raised by former Goldman Sachs executive, Tim Leissner for 1MDB.

Malaysiakini reported that the SEC said this in a "cease and desist order" for proceedings against Leissner, after he made a settlement offer for the charges against him, which includes a permanent ban from the securities industry.

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