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


  • Nation
  • Friday, 17 Feb 2023

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.”

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Babies, elderly, among 783 deported to the Philippines from Sandakan
Hundreds of rural schools in Sabah still lack internet access, says state education minister
Back-to-school themed Jualan Rahmah Madani helps parents gear up for 2026
Sumatra floods: Six Malaysians return safely, one still missing, says Foreign Minister
24/7 PERKESO coverage marks progressive reform in worker protection, says Lam Thye
Floods in Johor ease fully, all evacuation centres closed
Exploited Indonesian workers rescued following raid on Shah Alam house
14 items listed under festive price control scheme for Christmas
Nearly 3,000 luxury vehicle owners failed to renew MVL, Porsche tops list
NCID successfully dismantle 270 syndicates, RM3.1bil in drugs seized

Others Also Read