Tim Leissner said Goldman’s job wasn’t due diligence, jury told


Bekas ketua Goldman Sachs Asia Tenggara, Tim Leissner. foto Bloomberg

NEW YORK: Tim Leissner (pic) rebuffed questions about a suspicious shell company associated with 1MDB bond deals by saying due diligence was "not Goldman’s responsibility,” a former banker testified.

Former BSI SA banker Kevin Swampillai said on the stand that Leissner dismissed BSI’s questions about why fees paid to the Abu Dhabi-owned Aabar Investments PJS fund which guaranteed two of the 1MDB bond deals were being sent to an offshore shell company instead of the fund itself.

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