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S'pore bans ex-Goldman Sachs banker from finance industry

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The Monetary Authority of Singapore (MAS) has banned former high-flying Goldman Sachs banker Tim Leissner from trading in the country, effective today.
In a statement today, MAS issued the 10-year prohibition order against Leissner for 1MDB-related breaches.
According to MAS, Leissner had in June 2015 issued an unauthorised letter to a financial institution in Luxembourg and made false statements on behalf of Goldman Sachs (Asia) without the firm's knowledge.
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