Goldman Sachs CEO apologizes to people of Malaysia
New York (CNN Business)Goldman Sachs’ new CEO is apologizing for the role of a former banker in Malaysia’s multi-billion dollar embezzlement scandal.
“It is very clear that the people of Malaysia were defrauded by many individuals, including the highest members of the prior government,” David Solomon said Wednesday on the company’s earnings call.
Tim Leissner, the company’s former chairman of Southeast Asia, has admitted to being “one of those people,” he continued. “For Leissner’s role in that fraud, we apologize to the Malaysian people.”
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