Ex-Goldman Banker in Plea Talks Ahead of 1MDB Trial in New York
- Roger Ng enters not guilty plea in Brooklyn federal court
- Ng accused of breaking U.S. anti-bribery laws in 1MDB scandal
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Former Goldman Sachs Group Inc. banker Roger Ng is in plea talks to avoid a U.S. trial on charges that he broke American anti-bribery laws and conspired to launder money embezzled from Malaysia’s state investment fund 1MDB.
Ng arrived in New York from Malaysia early Monday and appeared in federal court in Brooklyn, where he entered a not guilty plea. But Magistrate Peggy Kuo said at his arraignment that a constitutional guarantee to a speedy trial was being set aside because the two sides are “engaged in plea negotiations.”