Former Goldman Banker Gets 10 Years in Prison

March 23, 2023
Roger Ng was convicted of bribery and money-laundering charges in April 2022 after a nearly two-month trial. The 1MDB scandal involved looting over $4 billion from the Malaysian sovereign wealth fund and paying $1.6 billion in bribes to government officials. Goldman's subsidiary in Malaysia pleaded guilty to foreign bribery charges in 2020 and agreed to pay $5 billion in fines to global authorities.
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