Ex-Goldman banker’s wife says she has no proof of investments


NEW YORK: The wife of the former Goldman Sachs Group Inc. banker on trial in the 1MDB scandal said she has no documentation proving that $35mil allegedly paid to him as an illegal kickback was actually a return on a legitimate investment.

Ex-Goldman banker Roger Ng’s wife, Hwee Bin Lim, testified Monday in his defense that she invested her parents’ money in businesses controlled by the then-wife of Ng’s boss at the time, Tim Leissner.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

3D geological model of KL being updated, says ministry
Daim Zainuddin passes away
Sibu retiree fleeced out of RM136,000 in online business scam
Close bilateral ties between Malaysia and China is a core diplomatic policy, says Dr Wee
Occupational injuries, work-related deaths declined steeply over past decade, says HR Minister
Four safe-cracking Vietnamese burglars shot dead at Jalan Imbi
National nuclear tech policy set to drive socioeconomic growth, generate export value of RM2.4bil by 2030
Ministry seizes 11 tons of controlled goods in Sarawak
Malaysia to review aid mechanism for injured Palestinians, says PM Anwar
Nearly RM45mil channelled to Gaza since last October

Others Also Read