Ex-Goldman banker Roger Ng must forfeit RM155.3mil in 1MDB corruption case, says US judge

Ex-Goldman Sachs banker Roger Ng exits the Brooklyn Federal Courthouse (EDNY) after being sentenced for his part helping embezzle from Malaysia's 1MDB sovereign wealth fund, in Brooklyn, New York, U.S., March 9, 2023. - REUTERS/Brendan McDermid

NEW YORK: A U.S. judge on Friday ordered former Goldman Sachs Group Inc banker Roger Ng to forfeit US$35.1mil (RM155.3mil), after sentencing him to 10 years in prison for helping loot billions of dollars from Malaysia's 1MDB sovereign wealth fund.

U.S. District Judge Margo Brodie in Brooklyn rejected Ng's argument that he owned no more money after forfeiting to Malaysia tens of millions of dollars of alleged proceeds from his crimes.