Ex-Goldman Banker Ng’s Wife Says $35 Million Was Investment Gain
- Roger Ng’s wife said she invested with Tim Leissner’s wife
- Prosecutors claim the money was Ng’s kickback from 1MDB fraud
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The wife of former Goldman Sachs Group Inc banker Roger Ng denied that $35 million held in an account in her mother’s name was stolen from 1MDB, claiming instead that the money was the return on a legitimate investment.
Prosecutors claim the money was a kickback that Ng, the only Goldman banker to go on trial over 1MDB, received for allegedly conspiring with his former boss Tim Leissner and Malaysian financier Jho Low to loot billions of dollars from the sovereign wealth fund. But Ng’s wife, Hwee Bin Lim, testified on Monday that she invested her parents’ money in businesses controlled by Leissner’s then-wife, Judy Chan Leissner.