Home United States USA — Financial Former Goldman Banker Roger Ng Found Guilty Of Looting Billions From Malaysian...

Former Goldman Banker Roger Ng Found Guilty Of Looting Billions From Malaysian State Fund

168
0
SHARE

Ng was convicted on bribery and money laundering charges after a nearly two-month trial in the 1MDB case.
Ex-Goldman Sachs director Roger Ng was convicted Friday on charges of money laundering and bribery for his role in the multi-billion-dollar looting of the Malaysian state fund 1MDB, one of the largest financial scandals in recent history. “With today’s verdict, a powerful message has been delivered to those who commit financial crimes motivated by greed,” U.S. attorney Breon Peace said in a statement. “You will be caught, prosecuted and convicted, like Ng, and face a long prison sentence.

Continue reading...