DOJ considering Tim Leissner’s extradition to Malaysia

Tim Leissner, a German-born banker who rose to become Goldman Sachs’ Southeast Asia chairman, was once a deal-making powerhouse in emerging markets. But his legacy is tainted by the 1MDB scandal, one of history’s largest financial frauds.

Between 2012 and 2013, Leissner orchestrated three bond deals worth $6.5 billion for Malaysia’s 1Malaysia Development Berhad (1MDB) fund, ostensibly for economic growth. Instead, he conspired with fugitive financier Jho Low and colleague Roger Ng to siphon billions through bribes exceeding $1.6 billion to Malaysian and Abu Dhabi officials.

Leissner is accused of pocketing $50-60 million in kickbacks, funding luxuries like a stake in an Italian soccer team. Exposed in 2018, he pleaded guilty in the US to bribery and money laundering, cooperating against Ng—who was sentenced to 10 years—while his own punishment was repeatedly delayed.

Tim Leissner’s extradition

Fast-forward to May 2025: Leissner finally faced sentencing in New York, receiving a surprisingly lenient two-year prison term amid DOJ leniency pleas and Goldman’s scathing letter accusing him of “serial lies.” Malaysian authorities, fearing his post-release flight to non-extradition Germany, had filed an Interpol red notice in November 2024 and urged US extradition before the hearing.

As of December 12, 2025, the US government is actively reviewing Malaysia’s extradition request, submitted August 14, 2024, and bolstered by fresh evidence from Ng’s trial.

The Attorney-General’s Chambers (AGC) emphasized this as vital to justice for Malaysian victims, providing additional documents as requested.

With Leissner still US-bound, hope flickers for accountability in this saga that toppled a prime minister and scarred a nation.

Business News