Former Goldman Sachs managing director Roger Ng got a $35 million cut from $6.5 billion in corruption-tainted 1Malaysia Development Bhd. bond deals, a prosecutor told a Brooklyn federal jury Monday as the banker's long-delayed trial kicked off.
By Luc Cohen (Reuters) - Opening statements in former Goldman Sachs banker Roger Ng's U.S. corruption trial https://www.reuters.com/markets/us/rogue-employee-or-goldman-scapegoat-ex-bankers-1mdb-corruption-trial-kick-off-2022-02-10 over the looting of hundreds of millions of dollars from Malaysia's 1MDB sovereign wealth fund are scheduled to get under way this week.