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Lawyers paint contrasting picture of ex-Goldman banker on first day of 1MDB fraud trial
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fnlondon.comA federal prosecutor and a criminal defense attorney presented contrasting portraits of a former Goldman Sachs Group managing director who went on trial on 14 February on charges related to the multibillion-dollar looting of a Malaysian government fund.
In opening statements, Justice Department attorney Brent Wible told a jury in New York that the onetime banker, Roger Ng, conspired with Malaysian financier Jho Low and others to bribe government officials and launder money to secure lucrative business deals with 1Malaysia...
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