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

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

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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

JACK STONE TRUITT, Nikkei staff writer

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.

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