Former Goldman Sachs banker Roger Ng was sentenced to 10 years in prison on Thursday, after he was convicted of helping loot billions of dollars from Malaysia’s 1MDB sovereign wealth fund. A jury in Brooklyn federal court last April found Ng, Goldman’s former head of investment banking in Malaysia, guilty of helping his former boss Tim Leissner embezzle money from the fund, launder the proceeds and bribe government officials to win business. The charges stem from some $6.
Former Prime Minister Najib Razak is serving a 12-year prison sentence after being convicted by a Malaysian court of receiving $10 million from a former 1MDB unit. Najib has consistently denied wrongdoing. In a filing last week, federal prosecutors in Brooklyn urged Brodie to sentence Ng to 15 years in prison, calling him a “deeply corrupt banker” and arguing a stiff sentence was necessary to dissuade other financial professionals from bribing officials to win business.
Nobody else in GoldmanSachs responsible for the role played in this series of “Robbery “? He is just a small fly!
kavithakbahawan
Being greedy is a sure sign of being cursed!
It is surprising that such people with a good financial situation are so greedy and greedy that the end of their life is ruined, all of them originate from ignorance which is the mother of misfortunes and mental illnesses in different degrees and dimensions.
Good for him