A U.S. jury began deliberations on Tuesday in the trial of a former Goldman Sachs banker accused of helping loot billions of dollars from Malaysia's 1MDB sovereign wealth fund.
Prosecutors say Roger Ng, Goldman's former top investment banker for Malaysia, helped his former boss Tim Leissner embezzle money from 1MDB, launder the proceeds and bribe officials to win business for Goldman.Ng, 49, has pleaded not guilty to conspiring to launder money and violating an anti-corruption law.
In a nearly two-month trial in Brooklyn federal court, jurors heard nine days of testimony from Leissner, who said he sent Ng $35 million in kickbacks. Ng's wife, Hwee Bin Lim, later testified for the defence that the business venture was, in fact, legitimate. Ng's lawyer, Marc Agnifilo, emphasized to jurors in his Monday closing argument that Leissner could not be trusted.
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