Ex-Goldman banker Roger Ng argues 1MDB bribes only US$1bil, not US$2bil

NEW YORK: Former Goldman Sachs Group Inc banker Roger Ng is disputing the amount in bribes that were paid during the 1MDB scandal ahead of his sentencing for conspiring to loot billions of dollars from the Malaysian sovereign wealth fund.

Ng, who is set to be sentenced on March 9, said in a sealed reply to a government presentencing report filed in federal court in Brooklyn, New York, that US$1.1bil was paid to corrupt officials including former Malaysian prime minister Najib Razak. Federal prosecutors said in a Wednesday court filing that the amount was "approximately US$2bil.”