This Is the Only Goldman Banker Standing Trial for 1MDB
- Roger Ng is the only Goldman banker standing trial for 1MDB
- Ng has been charged with helping launder billions from fund
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Day after day, the scene has replayed: Roger Ng, a former Goldman Sachs Group Inc. banker, leaves his Manhattan apartment and, with an electronic monitor strapped to his ankle, heads downtown to build the case that might save him from prison.
It’s been nearly three years since Ng landed in the U.S. from Southeast Asia to face federal charges over his role in a scheme to loot billions from the Malaysian fund known as 1MDB. In that time Malaysia’s former prime minister has been convicted of crimes while Goldman has paid $5 billion in fines and apologized for breaking the law, one of the biggest black marks in its 153-year history.