{"id":43377,"date":"2022-04-09T01:24:41","date_gmt":"2022-04-08T16:24:41","guid":{"rendered":"https:\/\/www.theguardian.com\/world\/2022\/apr\/08\/roger-ng-1mdb-scandal-fraud-found-guilty"},"modified":"2022-04-09T01:24:41","modified_gmt":"2022-04-08T16:24:41","slug":"ex-goldman-banker-roger-ng-found-guilty-in-billion-dollar-1mdb-scandal","status":"publish","type":"post","link":"https:\/\/eastasianews.net\/wp\/?p=43377","title":{"rendered":"Ex-Goldman banker Roger Ng found guilty in billion-dollar 1MDB scandal"},"content":{"rendered":"<p>Ng, 49, found guilty of helping to embezzle money earmarked for development in one of biggest frauds in financial history<\/p>\n<p>The former Goldman Sachs executive Roger Ng has been found guilty of helping to steal billions of dollars from Malaysia\u2019s 1MDB sovereign wealth fund after a lengthy trial brought by US prosecutors, who described the fraud as one the largest financial scandals in history and who hoped to show that individuals are always at the center of corporate wrongdoing.<\/p>\n<p>A New York jury found Ng, 49, once Goldman\u2019s top investment banker in Malaysia, guilty of helping his former boss Tim Leissner embezzle money intended for development to benefit Malaysia\u2019s poor from a fund connected to Malaysia\u2019s then prime minister, Najib Razak, and then to launder the proceeds while bribing officials in Malaysia and Abu Dhabi.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/world\/2022\/apr\/08\/roger-ng-1mdb-scandal-fraud-found-guilty\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ng, 49, found guilty of helping to embezzle money earmarked for development in one of biggest frauds in financial historyThe former Goldman Sachs executive Roger Ng has been found guilty of helping to steal billions of dollars from Malaysia\u2019s 1MDB sove&#8230;<\/p>\n","protected":false},"author":646,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"sns_share_botton_hide":"","vkExUnit_sns_title":"","_vk_print_noindex":"","sitemap_hide":"","_veu_custom_css":"","veu_display_promotion_alert":"","vkexunit_cta_each_option":"","footnotes":""},"categories":[68,41,291,6,578,70,1298,47,42],"tags":[],"class_list":["post-43377","post","type-post","status-publish","format-standard","hentry","category-1mdb","category-asia-pacific","category-banking","category-business","category-goldman-sachs","category-malaysia","category-new-york","category-us-news","category-world-news"],"veu_head_title_object":{"title":"","add_site_title":""},"_links":{"self":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/43377","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/users\/646"}],"replies":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=43377"}],"version-history":[{"count":1,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/43377\/revisions"}],"predecessor-version":[{"id":43378,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/43377\/revisions\/43378"}],"wp:attachment":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43377"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}