Ex-Goldman banker: I warned bosses about Jho Low, 1MDB
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Title : Ex-Goldman banker: I warned bosses about Jho Low, 1MDB
Category : Malaysians
Former Goldman Sachs Group Inc banker Roger Ng says he had “warned” the international investment bank not to do business with Malaysian financier Jho Low and told his bosses that Low was “not to be trusted”.According to a report by Bloomberg, Ng has submitted a 126-page filing in which he is asking for the bribery case against him to be dismissed.In the filing, Ng (above) conceded that he first introduced Low to the bank, but said that was “in early 2009 when no one had reason to know that Low was running a fraud scheme”.Ng is to face trial in the United States next year on charges of bribery and money-laundering conspiracy. He is accused of helping former prime minister Najib Abdul Razak and others to embezzle at least US$2.7 billion from the 1MDB sovereign wealth fund.Low, whose full name is Low Taek-Jho, is accused of masterminding the scheme.Jho Low Ng, who is free on a US$…
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