#exgoldman

Unlock the Editor’s Digest without spending a dime Roula Khalaf, Editor of the FT, selects her favorite tales on this weekly e-newsletter. A Swiss ex-banker who revealed the plunder of Malaysia’s 1MDB state funding fund is in search of $18mn in sufferer compensation from a corrupt former Goldman Sachs govt as a result of be sentenced over the affair on Thursday.   Xavier Justo, who served a jail…

Ex-Goldman Sachs banker is convicted in a plot to loot Malaysian 1MDB fund : NPR

Former Goldman Sachs executive Roger Ng (center) leaves Brooklyn federal court with attorney Marc Agnifilo on May 6, 2019, in New York. On Friday, Ng was convicted of bribery and other corruption charges accusing him of participating in a $4.5 billion scheme to ransack the Malaysian state investment fund. Mary Altaffer/AP hide caption toggle caption Mary Altaffer/AP Former Goldman Sachs…

Corruption trial opens for ex-Goldman banker in 1MDB scandal

NEW YORK (AP) — Federal prosecutors told a jury Monday that a former Goldman Sachs executive pocketed $35 million in “secret kickbacks” in the multibillion-dollar ransacking of a Malaysian state investment fund, accusing the banker of playing a “crucial” role in the massive money laundering and bribery scheme. Roger Ng also deleted personal email accounts to cover his tracks and “used his own…