A former Goldman Sachs banker used to be convicted Friday on bribery and money-laundering fees stemming from a globe-spanning fraud scandal: the looting of greater than $4 billion from a Malaysian sovereign wealth fund.
A federal jury discovered the previous banker, Roger Ng, accountable after a just about two-month trial wherein the federal government’s key witness admitted to being a common liar. Even so, the jurors discovered Mr. Ng accountable of all 3 fees after greater than two days of deliberation. He may withstand 30 years in jail.
Breon Peace, the U.S. lawyer for the Jap District of New York, stated