Topic: 1MDB

Ex-Goldman Sachs banker found guilty

Featured in Investigator's Guide to New York

Following an eight week trial, a jury at a Brooklyn federal court found Roger Ng guilty on all counts in the 1MDB scandal.

08 April 2022

Ex-Goldman Sachs banker’s trial draws to an end

As Roger Ng’s foreign bribery trial comes to a close, prosecutors said his wife’s testimony provided a “cover story”.

05 April 2022

Court hears closing arguments at 1MDB trial

While the defence said Roger Ng is a “fall guy”, the DOJ painted him as a greedy banker with an insatiable desire for money and glory at Goldman Sachs.

04 April 2022

Ex-Goldman banker’s wife details finances at 1MDB trial

Roger Ng’s wife walked the jury through her business history, explaining how $35 million in alleged kickbacks for her husband was actually money she was owed in a business deal.

29 March 2022

Judge denies ex-Goldman banker’s move to dismiss FCPA charge

Roger Ng had asked the Brooklyn court to throw out the charge, arguing that the DOJ’s reasoning “could quite literally criminalise any compliance violation at any public company”.

28 March 2022

Goldman Sachs compliance officer testifies at 1MDB trial

As the government came close to resting its case at the Roger Ng trial, prosecutors called on a Goldman Sachs compliance officer to testify about its anti-corruption trainings.

23 March 2022

Paul Hastings recruits veteran DOJ prosecutor

The firm added Leo Tsao, a former senior DOJ prosecutor who previously worked on investigations into Goldman Sachs and Och-Ziff, to its white-collar and fintech practices.

07 March 2022

Defence probes for holes in 1MDB witness’s testimony

A former Goldman Sachs banker on trial for foreign bribery looked to capitalise on inconsistencies in what a star witness told the DOJ.

02 March 2022

Singapore declines to prosecute ex-BSI banker over 1MDB scandal

28 January 2022

Swiss court convicts private bank over laundered 1MDB funds

Switzerland’s federal criminal court has ordered Falcon Bank to pay $11.6 million after the private lender processed funds stolen from Malaysian development fund 1MDB.

15 December 2021

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