NEW YORK: Kimora Lee, the former model and ex-wife of former Goldman Sachs Group Inc. banker Tim Leissner, claims that shares worth about US$93mil (RM413mil) that he was ordered to forfeit as part of his 1MDB guilty plea actually belong to her.
Lee asked a federal judge in Brooklyn, New York, on Friday to hold a hearing where she intends to establish she rightfully owns 892,732 shares in Celsius Holdings Inc., a fitness drink maker. She claims she purchased the shares with money she earned from her modeling career and her Baby Phat clothing line.
Leissner, Goldman Sach’s former Southeast Asia head, pleaded guilty in 2018 to conspiring with financier Jho Low, the alleged mastermind of the sprawling fraud scheme, to bribe officials in Malaysia and Abu Dhabi to facilitate bond deals. Low, who remains a fugitive, pocketed US$1.42bil from the fraud, the US has said.
Shares in the company traded at US$104.26 Friday in New York, making the 3.3 million shares worth more than US$344mil. Lee isn’t the only one eyeing the Celsius money. Ng sued Leissner in New York state court in November, alleging his ex-boss cheated him out of his investment in Celsius that is now worth at least US$130mil as well as stock in another company. According to the suit, Leissner engaged in a"concerted effort to steal” and pocketed Ng’s original US$1.25mil investment in Celsius, which has since grown in value enormously.
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