{"id":84126,"date":"2023-03-10T00:13:18","date_gmt":"2023-03-10T05:13:18","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=84126"},"modified":"2023-03-09T23:50:43","modified_gmt":"2023-03-10T04:50:43","slug":"ex-goldman-banker-ng-sentenced-to-10-years-in-prison-for-1mdb-corruption-case","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2023\/ex-goldman-banker-ng-sentenced-to-10-years-in-prison-for-1mdb-corruption-case.html","title":{"rendered":"Ex-Goldman banker Ng sentenced to 10 years in prison for 1MDB corruption case"},"content":{"rendered":"\n<p>(CNBC) <\/p>\n\n\n\n<p>Former&nbsp;<a href=\"https:\/\/www.cnbc.com\/quotes\/GS\/\">Goldman&nbsp;Sac<\/a>&#8216;sbanker&nbsp;Roger&nbsp;Ng&nbsp;was&nbsp;sentenced&nbsp;to&nbsp;10&nbsp;years&nbsp;in&nbsp;prison&nbsp;on Thursday, after he was&nbsp;convicted&nbsp;of helping&nbsp;loot billions of dollars from Malaysia\u2019s&nbsp;1MDB&nbsp;sovereign wealth fund. A jury in federal court&nbsp;in the New York City borough of Brooklyn&nbsp;last April found&nbsp;Ng,&nbsp;Goldman\u2019s former head of investment banking&nbsp;in Malaysia, guilty of helping&nbsp;his former boss Tim Leissner embezzle money from the fund, launder the proceeds and bribe government officials to win business.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/03\/10\/ex-goldman-banker-ng-sentenced-to-10-years-prison-1mdb-corruption-case.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Former&nbsp;Goldman&nbsp;Sac&#8216;sbanker&nbsp;Roger&nbsp;Ng&nbsp;was&nbsp;sentenced&nbsp;to&nbsp;10&nbsp;years&nbsp;in&nbsp;prison&nbsp;on Thursday, after he was&nbsp;convicted&nbsp;of helping&nbsp;loot billions of dollars from Malaysia\u2019s&nbsp;1MDB&nbsp;sovereign wealth fund. A jury in federal court&nbsp;in the New York City borough of Brooklyn&nbsp;last April found&nbsp;Ng,&nbsp;Goldman\u2019s former head of investment banking&nbsp;in Malaysia, guilty of helping&nbsp;his former boss Tim [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-84126","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84126","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=84126"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84126\/revisions"}],"predecessor-version":[{"id":84128,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84126\/revisions\/84128"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=84126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=84126"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=84126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}