Former Goldman banker Roger Ng faces up to 30 years in prison
Ng was convicted of all three counts in 1MDB fraud scheme that saw $2.7bn looted from Malaysia fund
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Ng was convicted of all three counts in 1MDB fraud scheme that saw $2.7bn looted from Malaysia fund
NEW YORK: Roger Ng (pic), the only Goldman Sachs banker to go to trial over the global 1MDB scandal, was found guilty for his role in the epic looting of the Malaysian fund.
Guilty verdicts come after eight-week trial in the fraud scheme that saw $2.7bn looted from Malaysia fund.
(Bloomberg) -- Former Goldman Sachs banker Roger Ng joined a global scheme to steal billions of dollars from Malaysia’s 1MDB fund for both “glory and greed,” a prosecutor told the jury at his foreign-bribery trial.
NEW YORK: “I wouldn’t want to see him convicted for a crime. The truth itself will save him. He doesn’t need me to do anything.”