Ex-Goldman banker Ng sentenced to 10 years prison in 1MDB corruption case

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 (Reuters) -Former Goldman Sachs banker Roger Ng was sentenced to 10 years in prison on Thursday, after he was convicted of helping loot billions of dollars from Malaysia's 1MDB sovereign wealth fund.

A jury in federal court in the New York City borough of Brooklyn last April found Ng, Goldman's former head of investment banking in Malaysia, guilty of helping his former boss Tim Leissner embezzle money from the fund, launder the proceeds and bribe government officials to win business.