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Former Goldman Banker Ng Found Guilty in 1MDB Fraud Scheme

  • Ng was only Goldman banker to go to trial over global scandal
  • Leissner was key U.S. witness; financier Jho Low also charged
Bloomberg business news
Former Goldman Banker Ng Guilty in 1MDB Trial
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Roger Ng, 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.

Ng, 49, was convicted on Friday of all three counts in the case, including conspiring to violate U.S. anti-bribery laws and conspiring to launder money. He faces a prison term as long as 30 years but is likely to get far less time.