Roger Ng, center, a former Goldman Sachs banker, leaves federal court with his lawyers Zach Intrater, left, and Teny Geragos, right, after being sentenced to 10 years in prison for his role in looting a Malaysian development fund, Thursday March 9, 2023, in New York. (AP Photo/Bebeto Matthews) 'Pure Greed': Ex-Goldman Sachs Banker Roger Ng Is Sentenced to 10 Years for Malaysia Bribery Scheme
Chief U.S. District Judge Margo Brodie of the Eastern District of New York pronounced the sentence, which was lower than the 15 years requested by prosecutors.
March 09, 2023 at 03:48 PM
3 minute read
Financial Services and Banking
Former Goldman Sachs managing director Roger Ng was sentenced to 10 years in prison Thursday for his role in the multibillion-dollar bribery scandal involving the Malaysian sovereign wealth fund 1MDB.
Seated next to his lead counsel Marc Agnifilo of Brafman & Associates, Ng's face crumpled as Chief U.S. District Judge Margo Brodie of the Eastern District of New York pronounced the sentence, which was lower than the 15 years requested by prosecutors. Agnifilo said Ng, who has maintained his innocence, intends to appeal.
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