US judge sets ex-Goldman banker's 1MDB corruption trial for February

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NEW YORK - A United States judge has said a former Goldman Sachs banker charged in the 1MDB Malaysian sovereign wealth fund scandal will be tried in early February, expressing confidence the Omicron

coronavirus variant will not upend the trial.

His former employer agreed in October 2020 to pay US$2.9 billion and have a Malaysian unit admit criminal wrongdoing to settle probes by the US Department of Justice and others into the alleged looting of billions of dollars from 1Malaysia Development Bhd . But the judge said trials are taking place in Brooklyn, and a short delay should suffice based on expectations of the court's epidemiologist.

Lawyers for Ng had opposed delaying the trial, saying he was ready to proceed after spending more than three years away from his family since his November 2018 arrest in Malaysia."He's spent every one of the last 1,000 days getting ready for this trial, and that's what he's going to do until this trial is over," Ng's lawyer Marc Agnifilo told Mr Brodie, before accepting the three-week delay.

 

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