Roger Ng was convicted last year of defrauding the Malaysian wealth fund.
Former Goldman Sacks banker Roger Ng has been convicted for his role in the 1MDB global embezzlement scandal. © Reuters
NEW YORK -- Former Goldman Sachs banker Roger Ng was sentenced to 10 years in prison Thursday for his role in the theft of billions of dollars from Malaysia's 1MDB sovereign wealth fund.
"Roger Ng was a central player in a brazen and audacious scheme that not only victimized the people of Malaysia, but also risked undermining the public's confidence in governments, markets, businesses and other institutions on a global scale," Breon Peace, U.S. attorney for the Eastern District of New York, said in a statement after the sentencing.
"Today's sentence serves as a just punishment for the defendant's crimes and a warning that there is a significant price to pay for corporate corruption," he said.
Only my sympathy to DSNR, sejak lama dulu Mahathir kena tipu puak ni -kes Arwah Jalil BMF, kerja Carrian Group headed by George Tan from Hong kong: pls refer with CIA here PDF:
https://www.cia.gov/readingroom/docs/CIA-RDP85T01058R000101050001-9.pdf
And so with 1MDB scandal, the same idiocy of malay leaders trusting Jho Low and the gang. No conclusion until today. Najib is now serving his jailed term. refer PDF attached:
https://www.emerald.com/insight/content/doi/10.1108/PAP-11-2019-0032/full/pdf
