Former Goldman banker must forfeit $35.1m in 1MDB corruption case

Former Goldman banker must forfeit $35.1m in 1MDB corruption case

FILE PHOTO: Men walk past a 1 Malaysia Development Berhad (1MDB) billboard at the fund's flagship Tun Razak Exchange development in Kuala Lumpur March 1, 2015. REUTERS/Olivia Harris

A U.S. judge on Friday ordered former Goldman Sachs Group Inc banker Roger Ng to forfeit $35.1 million, after sentencing him to 10 years in prison for helping loot billions of dollars from Malaysia’s 1MDB sovereign wealth fund.

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