ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

U.S. says Goldman banker took millions in kickbacks in 1MDB scandal

Trial of Roger Ng to feature business dealings of bankers' wives

Ex-Goldman Sachs banker Roger Ng exits after the first day of his criminal trial, at the U.S. courthouse in Brooklyn, New York, on Feb. 14.   © Reuters

NEW YORK -- U.S. prosecutors on Monday accused a former Goldman Sachs banker of receiving $35 million in kickbacks as part of his involvement in the multibillion-dollar scandal of Malaysia's 1MDB sovereign wealth fund.

Roger Ng "saw an opportunity to use his position at Goldman Sachs to get rich by cheating and he took it," federal prosecutor Brent Wible told jurors at New York's Eastern District federal court in the opening statements of a trial expected to last several weeks.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more