‘Wolf of Wall Street’ financier sentenced for embezzlement ...News

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‘Wolf of Wall Street’ financier sentenced for embezzlement
source : Russia Today ( News ) () 51
Roger Ng has been found guilty of helping drain billions of dollars from Malaysia’s sovereign wealth fund Former Goldman Sachs banker Roger Ng was sentenced by a US court to ten years in prison on Thursday for his role in Malaysia’s sovereign wealth fund embezzlement scheme. The verdict follows Ng’s initial conviction back in April last year, when he was found guilty of helping Tim Leissner, his former boss at Goldman Sachs, drain money from the fund. Goldman Sachs helped 1MDB, a fund set up in 2009 to finance development projects in Malaysia, raise $6.5 billion through bond sales back in 2012 and 2013. According

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