NEW YORK: A Goldman Sachs Group Inc senior legal executive who helped vet the 1Malaysia Development Berhad (1MDB) bond deals that exploded in scandal has told a jury he warned Goldman bankers not to do business with fugitive Malaysian financier Jho Low.
Stephen O’Flaherty, who served in British intelligence for 30 years before joining Goldman, told the jurors in the foreign-bribery trial of former Goldman banker Roger Ng here on Tuesday that despite his concerns about Low, none of the 1MDB deal bankers – including Tim Leissner, the head banker on the deal – disclosed Low’s involvement.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
