Former Goldman Sachs banker found guilty of bribery and money laundering in 1MDB case

A former Goldman Sachs Group Inc. banker was found guilty on Friday of helping to loot billions of dollars from a Malaysian sovereign wealth fund in one of the world’s biggest financial scandals.

After deliberating for four days, a federal jury in New York found Roger Ng guilty of conspiracy to launder money and bribe officials in Malaysia and the United Arab Emirates. Mr. Ng was also found guilty of breaching Goldman’s internal accounting controls under the Foreign Corrupt Practices Act.


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