Ex-Goldman Sachs banker seeks mercy in 1MDB case

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Roger Ng, the former Goldman Sachs Group Inc banker convicted for helping to embezzle Malaysia's 1MDB sovereign wealth fund, appealed to a New York court on Saturday not to force him to spend more time in prison.In anticipation of his sentencing hearing scheduled for March 9, Ng's lawyers asked the court

Roger Ng, the former Goldman Sachs Group Inc banker convicted for helping to embezzle Malaysia's 1MDB sovereign wealth fund, appealed to a New York court on Saturday not to force him to spend more time in prison.

Ng, Goldman's former head of investment banking in Malaysia, spent six months in a Malaysian prison before he was picked up by the U.S. authorities on Nov. 1, 2018, according to the court filing. A federal jury in Brooklyn convicted Ng in April last year of conspiring to violate an anti-bribery law and commit money laundering. Ng faces up to 30 years in prison.

 

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