Roger Ng took a chance on US trial

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NEW YORK: Former Goldman Sachs banker Roger Ng was in a squalid prison in South-East Asia for his role in the multibillion-dollar 1MDB scandal when his New York lawyer gave him a way out.

He persuaded Ng to come to the United States first for trial, rather than wait for the completion of the case in his native Malaysia.On Friday, Ng was convicted of conspiring to violate anti-bribery laws and launder money.“I told him you’d be far better off in the United States, where we have a real system and a real trial,” defence attorney Marc Agnifilo said after the verdict. “I’ve re-thought that decision ten thousand times.

Ng, formerly Goldman Sachs Group Inc’s head of investment banking in Malaysia, had been locked up for six months in Kuala Lumpur when he agreed to waive an extradition fight and travel to Brooklyn in US custody.

 

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