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Ex-Goldman banker awaits sentencing for 1MDB scandal
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A former Goldman Sachs banker is set to be sentenced on 9 March for helping to loot billions of dollars from a Malaysian sovereign-wealth fund in a global financial scandal that tarnished the Wall Street bank.
Roger Ng, a 51-year-old Malaysian national, was convicted last year in a New York federal court in Brooklyn of conspiring with a well-connected financier and a former Goldman partner to pay off officials to win lucrative business deals with 1Malaysia Development Bhd., a state-controlled economic-development company known...
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