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Ex-Goldman banker given 10 years in prison for role in 1MDB fraud scandal

Roger Ng, 50, found guilty by Brooklyn jury in massive embezzlement linked to Malaysian state investment fund

Roger Ng, the former Goldman Sachs banker at the center of the multi-billion 1MDB embezzlement scandal, was sentenced to 10 years in prison on Thursday, placing a capstone on one of the largest and most bizarre financial frauds of the past decade.

A jury in Brooklyn, New York, found Ng, 50, from Malaysia, guilty of violating US anti-bribery laws, money laundering and illegally skirting Goldman’s accounting controls, after a seven-week trial.

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