NEW YORK: Former Goldman Sachs Group Inc. banker Roger Ng, the only employee of the bank to be tried and convicted over the global 1MDB scandal, should be sentenced to a term of at least 15 years in prison, federal prosecutors said.
In a sentencing recommendation filed Friday, federal prosecutors in Brooklyn, New York, said Ng’s crimes merited a substantial term of imprisonment. He was convicted in April of conspiring to bribe foreign officials and launder money in the looting of the Malaysian sovereign wealth fund.
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