NEW YORK (BLOOMBERG): The star witness in the bribery trial of former Goldman Sachs Group Inc banker Roger Ng described the lengths to which they and a tight circle of Goldman partners went to loot billions of dollars from Malaysian wealth fund 1MDB.
To obscure the role of the high-flying financier Low Taek Jho, or Jho Low (pic), now a fugitive, in their fund-raising efforts for 1MDB, they came up with code names for Low including "friend" and "PMO" (for the Malaysian prime minister’s office), Tim Leissner told the jury on Tuesday (Feb 22).
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