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The Independent UK
The Independent UK
National
Bobby Caina Calvan

Ex-Goldman Sachs banker gets 10 year sentence for fraud

Goldman Sachs Roger Ng Jho Low Malaysia Tim Leissner Donald Trump Elliott Broidy Margo Brodie Najib Razak Prakazrel Pras Michel
Copyright 2023 The Associated Press. All rights reserved.

A former Goldman Sachs banker was sentenced Thursday to 10 years in prison for his role in looting a Malaysian development fund of billions of dollars used to finance lavish parties, a superyacht, premium real estate and even the 2013 film “The Wolf of Wall Street.”

Roger Ng was convicted last April by a U.S. District Court jury in Brooklyn, but he continues to deny charges that he conspired to launder money and violated two anti-bribery laws.

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