1MDB convict and ex-Goldman banker Tim Leissner seeks pardon from Trump
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Former Goldman Sachs banker Tim Leissner, convicted for his role in the 1MDB scandal involving the embezzlement of $4.5 billion, is seeking a presidential pardon from Donald Trump before reporting to prison. Leissner, who pleaded guilty in 2018 and cooperated with prosecutors, filed his pardon application with the Justice Department last year. He argues his cooperation, which led to a colleague's conviction and substantial fines for Goldman Sachs, warrants leniency. Leissner's request is among thousands being reviewed by the White House, including those from Bill Hwang and Elizabeth Holmes, as Trump has recently granted clemency to over 20 individuals, some convicted of white-collar crimes. Despite arguments for leniency, a federal judge sentenced Leissner to two years in prison, deeming his actions "brazen and audacious."
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