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The Guardian - US
The Guardian - US
World
Edward Helmore in New York

Ex-Goldman banker given 10 years in prison for role in 1MDB fraud scandal

Roger Ng 1MDB Goldman Sachs Prison Jho Low United States Leonardo DiCaprio Tim Leissner Brooklyn Malaysia
Roger Ng during his trial in Brooklyn, New York last year. Prosecutors at trial accused Ng of pocketing $35m in stolen 1MDB funds.
Roger Ng during his trial in Brooklyn, New York last year. Prosecutors at trial accused Ng of pocketing $35m in stolen 1MDB funds. Photograph: Brendan McDermid/Reuters

Roger Ng, the former Goldman Sachs banker at the center of the multibillion 1MDB embezzlement scandal, was sentenced to 10 years in prison on Thursday, placing a capstone on one of the largest and most bizarre financial frauds of the past decade.

A jury in Brooklyn, New York, found Ng, 50, from Malaysia, guilty of violating US anti-bribery laws, money laundering and illegally skirting Goldman’s accounting controls, after a seven-week trial.

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