Leissner and Ng ordered to forfeit assets and cash as part of 1MDB guilty plea

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Leissner and Ng ordered to forfeit assets and cash as part of 1MDB guilty plea
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KUALA LUMPUR, March 4 — Former Goldman Sachs Group Inc banker Tim Leissner was ordered to forfeit 43.7 million US dollar in cash and the 3.3 million dollar shares in fitness...

KUALA LUMPUR, March 4 — Former Goldman Sachs Group Inc banker Tim Leissner was ordered to forfeit 43.7 million US dollar in cash and the 3.3 million dollar shares in fitness drink company Celsius Holdings Inc.

The report said that Leissner’s lawyer Henry Mazurek declined to comment on the judge decision while Ng’s lawyer Marc Agnifilo did not return a call for comments. Brodie said Celsius shares were being held at a JPMorgan Chase & Co. account in the name of Leissner’s former wife, Kimora Lee Simmons.

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