Turning to the disgraced 51-year-old former Goldman managing director — who had asked the judge to mete out no jail time at all, beyond the six-month term he had already served in a squalid Malaysian facility — Brodie said he had held “a great job, made good money and would have been comfortable.” So “the only explanation is greed,” she said, and there was a “critical need” to deter it.
Roger Ng, the only Goldman Sachs Group Inc. banker tried and convicted in the global 1MDB scandal, was sentenced to 10 years in prison, a milestone in the prosecution of the massive fraud.
“This is one of the biggest financial crimes in the history of the world,” US District Judge Margo Brodie said Thursday before sentencing Ng in federal court in Brooklyn, New York. It was there that a jury convicted him last April of conspiring to violate US anti-bribery laws and to launder money.
