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Reuters
Reuters
Business
Luc Cohen and Jody Godoy

Ex-Goldman banker convicted of bribery, money laundering conspiracy charges in 1MDB case

Goldman Sachs 1MDB Tim Leissner Roger Ng Marc Agnifilo Malaysia
Ex-Goldman Sachs banker Roger Ng exits the Brooklyn Federal Courthouse (EDNY) after being found guilty for his part helping embezzle from Malaysia's 1MDB sovereign wealth fund, in Brooklyn, New York, U.S., April 8, 2022. REUTERS/Brendan McDermid

Former Goldman Sachs banker Roger Ng was convicted by a U.S. jury on Friday of corruption charges related to his role in helping loot hundreds of millions of dollars from Malaysia's 1MDB development fund.

The charges stemmed from one of the biggest financial scandals in history. Prosecutors charged Ng, Goldman's former top investment banker for Malaysia, for conspiring to violate an anti-corruption law and launder money.

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