Bond issuer Goldman Sachs
A client 1Malaysia Development Berhad
Is Current yes
Amount 6,500,000,000 USD
Goods 1MDB was set up by Malaysian Prime Minister Najib Razak and has been the subject of intense scrutiny for borrowing $11 billion to fund questionable acquisitions. $6.5 billion of that debt came from three bond deals underwritten by Goldman, whose Southeast Asia chairman Tim Leissner is married to hip hop mogul Russell Simmons’ ex-wife Kimora Lee who, in turn, is good friends with Najib’s controversial wife Rosmah Manso.
Updated over 8 years ago

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