Former Goldman Sachs banker Roger Ng has been sentenced to 10 years in prison after he was convicted of helping loot billions of dollars from Malaysia’s 1MDB sovereign wealth fund.A jury in Brooklyn federal court last April found Ng, Goldman’s former head of investment banking in Malaysia, guilty of helping his former boss Tim Leissner embezzle money from the fund, launder the proceeds and bribe government officials to win business.The charges stem from some $6.5bn in bonds that Goldman helped 1MDB, which was founded to finance development projects in Malaysia, sell in 2012 and 2013.
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