I don't have RM157mil to pay, ex-Goldman banker Roger Ng tells US court


NEW YORK: Former Goldman Sachs Group Inc. banker Roger Ng (pic), who was sentenced to 10 years in prison last week for his role in the 1MDB fraud, is claiming he can’t meet US prosecutors’ demand that he also pay US$35mil (RM157mil) because the Malaysian government already took all of his money.

Federal prosecutors had asked US District Judge Margo Brodie in Brooklyn, New York, to order Ng to forfeit that amount as ill-gotten gains from the conspiracy to loot the Malaysian sovereign wealth fund at his March 9 sentencing.

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