Tim Leissner, a former Goldman Sachs executive and estranged husband to model Kimora Lee Simmons, testified during the ongoing Goldman embezzlement trial that he was once blackmailed into buying a $10 million mansion.

A key witness for the prosecution, Leissner took to the stand on Tuesday to testify against ex-Goldman Sachs banker Roger Ng, who faces federal charges over his alleged scheme to siphon billions of dollars out of Malaysia’s sovereign development fund.

While detailing his and Ng’s crimes he revealed that he had several extramarital affairs over the years, despite his relationship with Kimora Lee Simmons, ex-wife of music producer Russell Simmons.

The most startling and high-profile affair was allegedly with Rohana Rozhan, former CEO of Astro Malaysia Holdings, and a client of Goldman Sachs at the time.

After their breakup, Leissner testified that she threatened to reveal his involvement in the Malaysian embezzlement scheme and forced him to buy her a $10 million home.

“Ms. Rozhan was very upset that I was ending our relationship to be with my future wife, with Kimora,” Leissner said. “If I didn’t buy her a house, she would tell the authorities about my involvement.”

“She was threatening to expose me,” he continued, according to Bloomberg. “At the time, 2013, I was very fearful of that.”

According to Tim Leissner, he told higher-ups at Goldman Sachs about the affair, and admitted to continuing the relationship despite warnings from more senior members at the banking company that Rohana Rozhan was a client.

He testified that the relationship was an “open secret” and that “pretty much everybody in our Southeast Asia territory knew it.”

Leissner previously pleaded guilty to charges of conspiracy to launder money and conspiracy to violate the Foreign Corrupt Practices Act, according to the New York Post, and forfeited roughly $43.7 million. Rohana Rozhan stepped down as CEO of Astro Malaysia Holdings back in 2019.

For the company’s role in the embezzlement scandal, Goldman Sachs has already paid out nearly $3 billion back to the Securities and Exchange Commission, the Federal Reserve, the New York Department of Finance, and Hong Kong’s Securities and Futures Commission.

The bank is also scheduled to forfeit another sum of over $5 billion back to the Malaysian government, siphoned in the embezzlement scheme out of a sovereign fund invested on behalf of the country’s citizens.

According to Bloomberg, some of the funds stolen went toward lavish parties thrown by fugitive financier Jho Low, with guests such as Britney Spears, Paris Hilton, and Leonardo DiCaprio. Britney Spears was allegedly paid at one of the events, and some of the embezzled funds also went toward producing the DiCaprio-starring Martin Scorsese film, The Wolf of Wall Street.

“My greed and ambition took over,” Leissner stated in court, BBC News reported. Low, Ng, and Leissner also reportedly kept $1.6 billion in a slush fund for corrupt Malaysian officials throughout the embezzlement scheme, which was only possible due to “bribes and kickbacks.”

A luxury yacht linked to fugitive businessman Jho Low was last seen docked at the Royal Malaysian Navy’s headquarters in 2019
A luxury yacht linked to fugitive businessman Jho Low was last seen docked at the Royal Malaysian Navy’s headquarters in 2019. Photo Credit: Shutterstock

William Sweeney, assistant director in charge of the FBI’s office in New York, said that “Greed eventually exacts an immense cost on society, and unchecked corrupt behavior erodes trust in public institutions and government entities alike.”

Financier Jho Low, who is said to be the mastermind behind the Malaysian embezzlement plot, has eluded authorities in China. Low was also a known confidant of Najib Razak, the former Prime Minister of Malaysia.

For his part in the scheme, ex-Goldman Sachs banker Roger Ng pleaded not guilty, leading to Leissner’s testimony for the prosecution on Tuesday. Tim Leissner is set to be sentenced later this year after cooperating with authorities.