Closing statements are set to start Monday in the trial, which began in mid-February and centers on allegations that Ng conspired to violate the Foreign Corrupt Practices Act by siphoning money from bond deals associated with the Malaysian economic development fund 1MDB.
March 30, 2022 at 03:52 PM
2 minute read
Attorneys for former Goldman Sachs banker Roger Ng rested their case Wednesday morning, confirming that the onetime Goldman managing director will not take the stand in his own defense.
Closing statements are set to start Monday in the trial, which began in mid-February and centers on allegations that Ng conspired to violate the Foreign Corrupt Practices Act by siphoning money from bond deals associated with the Malaysian economic development fund 1MDB.
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Former Goldman Sach’s banker Roger Ng, left, and his attorney Jacob Kaplan leave the Brooklyn Federal court on February 15th, 2022. Ng is on trial for a speculated involvement in a scheme to launder billions from the Malaysian fund known as 1MDB. Photo: Ryland West/ALM
