Home News 1MDB Watch

Ex-Goldman banker wasn't even at key 1MDB meetings, witness says

Bloomberg
Bloomberg3/25/2022 01:29 PM GMT+08  • 2 min read
Ex-Goldman banker wasn't even at key 1MDB meetings, witness says
Roger Ng is the only Goldman banker to go to trial in the 1MDB scandal. Photo: Bloomberg
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Goldman Sachs Group Inc. banker Roger Ng wasn’t always included in meetings held by key players in the multibillion-dollar looting of 1MDB, according to testimony presented by his defense team.

Ng, the only Goldman banker to go to trial in the 1MDB scandal, is accused of plotting with his former boss Tim Leissner and Malaysian financier Jho Low to pull off a fraud in which billions of dollars were siphoned from the Malaysian sovereign wealth fund.

Leissner, who pleaded guilty and testified against Ng, said he collected more than US$60 million in kickbacks from Low and paid Ng more than US$35.1 million.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.