NEW YORK : A U.S. jury resumed deliberations on Friday in the trial of a former Goldman Sachs banker accused of helping loot billions of dollars from Malaysia's 1MDB sovereign wealth fund.
Ng, 49, has pleaded not guilty to conspiring to launder money and violating an anti-corruption law. His lawyers say Leissner, who pleaded guilty to similar charges in 2018 and agreed to cooperate with prosecutors' investigation, falsely implicated Ng in the hopes of receiving a lenient sentence.Prosecutors have said Goldman helped 1MDB raise $6.5 billion through three bond sales, but that $4.
Ng's wife, Hwee Bin Lim, later testified for the defense that the business venture was, in fact, legitimate. She said she invested $6 million in the mid-2000s in a Chinese company owned by the family of Leissner's then-wife, Judy Chan, and that the $35 million was her return on that investment.