A former Goldman Sachs banker was convicted on Friday on bribery and other corruption charges accusing him of participating in a $4.5 billion scheme to ransack the Malaysian state investment fund known as 1MDB.
“Roger is basically the fall guy for this whole thing,” attorney Marc Agnifilo said. “And Tim Leissner is looking to close the biggest deal of his life.”
“If we told any bank the truth, it wouldn’t work,” he said. “The house of cards would have fallen down.” Ng, he added, was “particularly glad he was going to be paid some money” because he felt the firm had undercompensated him over the years. On cross-examination, Ng's attorney sought to attack Leissner's credibility by peppering him with questions about his history of lying about his marital status. He admitted he forged documents in 2014 to dupe his now-estranged wife, Kimora Lee Simmons, into believing he was divorced so she would agree to marry him. Simmons is a model, reality TV personality and ex-wife of rap mogul Russell Simmons.
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Ex-Goldman Sachs banker convicted in plot to loot 1MDB fundA former Goldman Sachs banker has been convicted of bribery and other corruption charges accusing him of participating in a $4.5B scheme to ransack the Malaysian state investment fund known as 1MDB.
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Ex-Goldman Sachs Banker Roger Ng Convicted in 1MDB Financial ScandalRoger Ng was found guilty of two counts of conspiring to violate the Foreign Corrupt Practices Act and one count of money laundering after he worked to take funds from Malaysia’s 1MDB development account and use it to garner business for Goldman Sachs
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Ex-Goldman Sachs banker convicted in plot to loot 1MDB fundNEW YORK (AP) — A former Goldman Sachs banker was convicted Friday of bribery and other corruption charges accusing him of participating in a $4.5 billion scheme to ransack the Malaysian state investment fund known as 1MDB.
Read more »
Ex-Goldman Sachs banker convicted in plot to loot 1MDB fundNEW YORK (AP) — A former Goldman Sachs banker was convicted Friday of bribery and other corruption charges accusing him of participating in a $4.5 billion scheme to ransack the Malaysian state investment fund known as 1MDB.
Read more »
Ex-Goldman Sachs Banker Roger Ng Convicted in 1MDB Financial ScandalRoger Ng was found guilty of two counts of conspiring to violate the Foreign Corrupt Practices Act and one count of money laundering after he worked to take funds from Malaysia’s 1MDB development account and use it to garner business for Goldman Sachs
Read more »
Ex-Goldman Sachs banker convicted in plot to loot 1MDB fundA former Goldman Sachs banker has been convicted of bribery and other corruption charges accusing him of participating in a $4.5B scheme to ransack the Malaysian state investment fund known as 1MDB.
Read more »