1MDB scandal exposer seeks $18mn from ex-Goldman executive

Unlock the editor’s digest in free

FT editor Raula Khalaf selected his favorite stories in this weekly newsletter.

A Swiss former banker has revealed the plunder of Malaysia’s 1 MDB State Investment Fund to compensate for the corrupt former Goldman Shatach executive on Thursday.

Javier Jasto, who was sentenced to prison in Thailand, claims that he was a trump-up blackmail case related to him 1 MDBIt argues that this money will recognize the value that has been paid for a decade to tell the truth about funds.

Justo’s claim, made in filing to a judge in New York Tim LesnerFormer head of Goldman’s Southeast Asia operations, the federal crime will test US law enforcement on rehabilitation of victims.

The District Court Judge Murgo Broody scheduled during the punishment for Lesner Thursn on Thursday may make it a new Avenue for the affected people White collar crime To claim compensation.

It is unclear when the Broadi will decide on this claim, which still highlights the incomplete count on the 1 MDB scandal of the international billion billion dollars.

It depends on the concept of competition by the Lesner and the US government-that the offenses of the former Goldman banker should be considered as part of a wide 1 MDB conspiracy and therefore it can be blamed for justice loss.

Colombia Law School Professor John Coffee said Justo’s claim was “attractive” and “White Caller will change criminal cases” if he achieved any significant part of his request.

Coffee said, “In the case where the defendant solvent, the victims will be characterized by the plaintiff’s attorney,” said coffee, though he added that Broadie may be careful about this national verdict. He said Justo’s claim for the money of Justo was “extended a bit”, he said.

The case against the former Goldman High Floor Lesner focuses on more than $ 2.7 billion abuse from bank bond deals for 1 MDB in 2002 and 20.

Lesner agreed to cooperate with the US authorities in 2018 and convicted of money laundering and foreign bribery.

Justo worked for Petrosoudi International, an oil company that was in a joint venture with 1 MDB. When he left the company in the 21st, he took a trove of emails with him. These contacts finally led to a story of February 27, accusing the Sarawak Report on the blog of a conspiracy to steal at least M 700mn from 1 MDB.

Thai police arrested Jasto a few months later on Koh Samui Island, where he was building a resort complex. He convicted Blackmail and tried to extortion on the effort to protect the isolated money, he said that he was from Petrosoudi, and was sentenced to three years in prison.

Justo has since said that he has admitted because Thai officials and Petrosoudi representatives have threatened to punish him if they do not do so. Both Petrosoudi and Thai authorities have denied any inappropriate behavior.

A Swiss court last year CEO Prosecutors brand “The Century scandal” brand, Tarek Obaid and Patrick Mahni to embrace more than $ 1.8 billion from 1 MDB. This pair is applying.

The filing of Justo’s lawyers is written, “Mr. Justo.

“Mr. Jasto Mr Lesner and his co-conspirators have been successfully managed and successfully managed for years: Anyone will reveal the fact that 1 MDB was nothing but a vehicle for billions of dollars to steal and abuse,” it says.

Justo, who was released from Bangkok jail in 2016, argued that the US compulsory damaged compensation should be compensated for compensation under the Act and Right to Crime Act. His claim includes $ 9.5 million for lost property and business, including Thai resort, which he said he was forced to sell and $ 8.6 million in interest.

The $ 18 million filed in the Lesnar court objected to claiming compensation, arguing that his criminal behavior was not the cause of justice. Lesner said he was never charged with the allegation of a retaliatory project that was imprisoned in Thailand in Thailand and was not qualified as a victim under US law.

The US judiciary opposed this claim on the same basis. Justor’s “The basis of the crime to convince Lisner” does not hurt from the specific behavior “, it is said in a filing.

1 MDB case went to the top of Malaysian politics and was taken to the jail of former Prime Minister Najib Razak in 2022. Investigators in the US have complained that at least $ 4.5bn was stolen from several plots from funds Malaysia’s Finance Jho LowHe who remains greater but maintains his innocence.