Ex-Goldman Sachs banker Ng pleads not guilty to 1MDB charges

Ex-Goldman Sachs banker Roger Ng leaves the federal court in New York, on May 6, 2019. – Reuters

NEW YORK (Reuters): Former Goldman Sachs Group Inc banker Roger Ng pleaded not guilty to criminal charges linked to a multibillion-dollar scandal at the Malaysian state investment fund 1MDB in an appearance at federal court in New York on Monday.

The U.S. Department of Justice accused 46-year-old Ng last year of conspiring to launder money and bribe government officials in Malaysia and Abu Dhabi through bond offerings that Goldman Sachs handled. He was extradited on May 3 to New York from Kuala Lumpur, where he had been jailed since November.