A former Goldman Sachs banker is found guilty in a plot to loot Malaysia's 1MDB fund
Roger Ng was convicted in a New York federal court of bribery and other corruption charges accusing him of participating in a $4.5 billion scheme to ransack the Malaysian state investment fund.
NEW YORK — A former Goldman Sachs banker was convicted Friday of bribery and other corruption charges accusing him of participating in a $4.5 billion scheme to ransack the Malaysian state investment fund known as 1MDB.
A jury reached the verdict in federal court in Brooklyn. Jurors had heard nearly two months of evidence about tens of millions of dollars in bribes and kickbacks allegedly orchestrated by Malaysian financier and fugitive socialite , better known as Jho Low.
