Financial scandal
Roger Ng 1MDB scandal

1MDB Scandal: Ex-Goldman Malaysia Boss Guilty

The former head of Goldman Sachs in Malaysia has been convicted for helping to orchestrate one of the world's biggest financial corruption scandals.A United States (US) jury found Roger Ng guilty on all charges in the trial, which concerned the looting of billions of dollars from Malaysia's 1MDB sovereign wealth fund.He is the only Goldman Sachs banker to face a jury over the scandal, which rocked Malaysian politics and forced the bank to pay billions in fines.He had pleaded not gui

9 April 2022
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Malaysia's ex-PM Najib to go on trial this week

Malaysia's toppled leader Najib Razak will go on trial this week over an extraordinary financial scandal that contributed to the downfall of his long-ruling coalition which has reverberated around the world.The former prime minister and his cronies are accused of stealing US$4.5 billion from Malaysian sovereign wealth fund 1MDB in a mind-boggling fraud that stretched from Switzerland to the Seychelles.The money was purportedly used to fund a global shopping spree – a US$250-million super

11 February 2019
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