NEW YORK: Former Goldman Sachs Group Inc banker Roger Ng, who was jailed 10 years last week for his role in the 1MDB (1Malaysia Development Bhd) fraud, is claiming that 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, here, 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.
