Ex-Goldman banker Ng's wife created shell entity after 1MDB deal


NEW YORK: Former Goldman Sachs Group Inc banker Roger Ng’s wife created a shell company and opened a bank account that prosecutors say she used to help launder tens of millions of dollars in illegal kickbacks from Malaysian financier Jho Low.

Jurors at Ng’s bribery trial were shown a raft of emails Monday that the US said is proof Ng’s wife, Hwee Bin Lim, "played a central and crucial role in helping her husband launder the illicit payments from a trio of bond deals the Goldman Sachs engineered for the sovereign wealth fund 1Malaysia Development Bhd., or 1MDB.

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