Ex-Goldman banker testifies 'greed and ambition' motivated 1MDB bribery

Roger Ng, a former banker for Goldman Sachs Group Inc., center, departs from federal court in the Brooklyn borough of New York, U.S., on Wednesday, Feb. 16, 2022. Ng is accused of conspiring to violate U.S. anti-money-laundering law in a scheme to loot billions from the Malaysian fund known as 1MDB.

NEW YORK: A former Goldman Sachs partner testified on Wednesday that "greed and ambition" drove his involvement in a bribery scheme that looted billions of dollars from Malaysia's 1MDB sovereign wealth fund.

Tim Leissner, the former chief of Goldman's Southeast Asia operation, is a star witness in the criminal trial of Roger Ng, the bank's former head of investment banking in Malaysia. The trial began on Monday in federal court in Brooklyn.