Gated Mansion

The firm put Leissner on leave in January, and he resigned soon after. U.S. investigators subpoenaed him in February over the 1MDB work. The government told him he’s not a target, according to one of the people.

Authorities are exploring whether Goldman Sachs misled 1MDB bondholders or broke anti-corruption laws, the Wall Street Journal reported last week. Leissner recommended the firm hire the daughter of a close aide to Najib, according to the paper.

Goldman’s business in Malaysia, where it was one of the top banks four years ago, has fallen far. It ranked 17th for local mergers and acquisitions work last year, when it was credited with no equity or debt deals, data compiled by Bloomberg show.

Leissner moved to Los Angeles. His exit from Goldman Sachs is an “opportunity to be back home with the family,” according to David, who promotes his energy-drink Celsius as a “negative calorie beverage.”

An attempt this month to reach Leissner or his wife via intercom at the black gate of an $11 million Beverly Hills mansion was unsuccessful. The 9,405-square-foot house, which has seven bedrooms, nine bathrooms, a screening room, gym, tennis court and guest house, according to an old listing, is just north of Sunset Boulevard.

Last month, a few weeks after news broke that Leissner was on leave and in California, Najib returned to San Francisco. He was talking up his country, part of a tour called Invest Malaysia 2016.

“Under adverse conditions, we still perform pretty well,” the prime minister said. “We believe that performance can continue with policies that will not change.”
 

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