That sure did look like the husband of the three named celebrity who has children with multiple A listers.

Nothing wrong with the husband hanging out with his wife.

Except for one tiny detail.

She was out of the country on that little French island.

Isn’t he on bail?

Is he allowed to leave the country?

Tim Leissner

Wife: Kimora Lee Simmons

St. Bart’s

Goldman Sachs star Tim Leissner ends 2 year 1MDB saga with bank getting $2 billion punch in the face

Former Goldman Sachs superstar trader Tim Leissner has left a trail of destruction behind him, including bans, massive fines and criminal proceedings. Now, his former employer has had to settle another huge penalty with the US Department of Justice

Goldman Sachs has struck a deal with the US Department of Justice to pay more than $2bn (£1.54bn) over its role in the Malaysian 1MDB fund, according to a report.

The agreement will let Goldman Sachs dodge a criminal conviction, Bloomberg reported. The news outlet said the fine may be announced within days.

Goldman Sachs and the Department of Justice have both been contacted for comment by many mainstream news sources this morning, to no avail.

This massive fine for one of the worlds largest investment banks and Tier 1 FX dealers is the latest in a stream of government-issued penalties which have ensued as a result of Tim Leissner’s ill-fated 1MDB fund which went awry.

Earlier this year, the Malaysian government reached an agreement in principle with the Government of Malaysia to resolve all the criminal and regulatory proceedings in Malaysia involving the firm, including pending criminal proceedings against subsidiaries of Goldman Sachs and certain of their current and former directors, relating to 1Malaysia Development Berhad (1MDB).

The agreement in principle comprised the payment to the Government of Malaysia of $2.5 billion and a guarantee that the Government of Malaysia receives at least $1.4 billion in proceeds from assets related to 1MDB seized by governmental authorities around the world.

In connection with the guarantee, Goldman Sachs performed valuation analysis on the relevant assets and believes based on that analysis that the guarantee does not present a significant risk exposure to the firm. In addition, the Government of Malaysia agreed to withdraw the pending criminal charges and agreed that no further charges would be brought against Goldman Sachs, its subsidiaries, or any of their directors, officers and employees (excluding former employees Tim Leissner and Roger Ng) related to 1MDB.

In 2018, the whole saga came to a head, as Goldman Sachs senior executive Tim Leissner was banned in Singapore for life from operating any securities related business, signalling the end of the road for one of the firm’s most influential figures of the previous 16 years.

Mr Leissner, who has already pleaded guilty in the US to crimes in connection to 1MDB, was in 2017 banned for 10 years by the Monetary Authority of Singapore. That penalty was increased by the authority this week. – Source

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