Roger Ng took US$35 million via wife’s shell company in 1MDB heist, trial hears

Roger Ng is on trial for conspiring with his former Goldman Sachs boss to steal billions of dollars from the Malaysian sovereign wealth fund. He is the only Goldman banker to have been charged in the 1MDB affair. – The Malaysian Insight file pic, March 22, 2022. 

FOR this role in the 1MDB heist, former Goldman Sachs banker Roger Ng received US$35.1 (RM148) million through a shell company set up by his wife, a US court was told yesterday.

Bloomberg reported today that prosecutors said Ng, who is accused of conspiring to rob the Malaysian sovereign wealth fund, had his spouse, Lim Hwee Bin, create a company to launder millions of dollars in kickbacks from the scheme’s alleged mastermind Low Taek Jho, or Jho Low.

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