Corruption trial opens for ex-Goldman banker in 1MDB scandal
Prosecutors say the looting of the fund bankrolled lavish spending on jewels, art and real estate. The spoils even helped finance Hollywood movies, including the 2013 film "The Wolf of Wall Street."
by The Associated Press
Feb 14, 2022
2 minutes
NEW YORK (AP) — A federal jury in Brooklyn will hear opening statements Monday in the corruption trial of a former Goldman Sachs executive charged in the multibillion-dollar ransacking of a Malaysian state investment fund.
Roger Ng's own lawyers describe the looting of $4.5 billion from the 1MDB state investment fund as "perhaps the single largest heist in
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