New York Goldman Banker Gets 10-year Sentence in 1MDB Looting Plot

New York Goldman Banker Gets 10-year Sentence in 1MDB Looting Plot
Former Goldman Sachs banker Roger Ng arrives at U.S. Federal Court in New York on Feb. 8, 2022. Yuki Iwamura/AFP via Getty Images
The Associated Press
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NEW YORK—A former Goldman Sachs banker was sentenced Thursday to 10 years in prison for his role in looting a Malaysian sovereign wealth fund of billions of dollars used to finance lavish parties, a superyacht, premium real estate, and even the 2013 film “The Wolf of Wall Street.”

Roger Ng was convicted last April by a U.S. District Court jury in Brooklyn, but he continues to deny charges that he conspired to launder money and violated two anti-bribery laws.