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Trial set to start for Ex-Goldman banker over 1MDB fraud
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A former Goldman Sachs Group managing director is set to go on trial 0n 14 February on charges related to the multibillion-dollar looting of a Malaysian government fund, bringing renewed scrutiny to the Wall Street institution’s role in the international scandal.
The banker, Roger Ng, is the first criminal defendant in the US case to face a jury. The trial, in a New York federal court, is expected to offer a look at the measures Goldman employees took to reel in lucrative deals with 1Malaysia Development Berhad, a state-controlled...
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