Rogue employee or Goldman scapegoat? Ex-banker's 1MDB corruption trial to kick off
A former Goldman Sachs banker charged with helping to embezzle hundreds of millions of dollars from Malaysia's 1MDB sovereign wealth fund will go on trial in the United States next week, in a case that could shed light on how the bank responded to warnings of corruption.
Roger Ng, Goldman's former investment banking chief in Malaysia, will be the first - and likely only - person to stand trial in the United States over one of the biggest financial scandals in Wall Street history.
Ng's former boss, Timothy Leissner, pleaded...
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