Ng\u2019s defense team claimed their client was scapegoated by Leissner, who they said was deflecting blame in the hope of a lesser sentence. They painted him as a \u201chabitual liar\u201d on the witness stand and exposed him as a double bigamist.<\/p>\n
Summing up Monday, prosecutors told the jury there was enough evidence to convict Ng without Leissner\u2019s testimony.<\/p>\n
Today’s verdict is a victory for not only the rule of law, but also for the people of Malaysia,” Breon Peace, the US Attorney for the Eastern District of New York, said in a statement. “The defendant and his cronies saw 1MDB not as an entity to do good for the people of Malaysia, but as a piggy bank to enrich themselves.”<\/p><\/blockquote>\n
Ng\u2019s lawyer told the Associated Press his client could appeal, depending on post-trial motions and his sentence.<\/p>\n
Ng faces up to 30 years in prison.<\/p>\n","protected":false},"excerpt":{"rendered":"
A former Goldman Sachs banker who once gambled and partied with 1MDB fugitive Jho Low has been convicted of money laundering and bribery. Prosecutors said Roger Ng, 49, helped his high stakes gambling buddy Low ransack billions from Malaysia\u2019s sovereign fund, 1MDB, in one of the biggest financial scandals in history. They said Ng conspired […]<\/p>\n","protected":false},"author":36,"featured_media":208662,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10],"tags":[],"acf":[],"yoast_head":"\n
Roger Ng, Goldman Sachs Banker Convicted in 1MDB Scandal<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n