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 the history of the world.” But they contend U.S. prosecutors scapegoated the former banker for Goldman's “corporate-wide" failures that enabled the colossal fraud.
