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Ex-Goldman banker Roger Ng gets 10 years in prison in 1MDB corruption case
short by Hiral Goyal / on Friday, 10 March, 2023
Former Goldman Sachs banker Roger Ng has been sentenced to 10 years in prison after he was convicted for helping loot billions of dollars from Malaysia's 1MDB sovereign wealth fund. The charges against Ng stem from $6.5 billion in bonds that Goldman helped 1MDB raise. Of these, $4.5 billion was stolen and spent on art, diamonds and property, authorities said.
read more at The Print