Ex-Goldman Exec's Virus-Delayed 1MDB Trial Set For January

Law360 (June 16, 2021, 1:51 PM EDT) -- Former Goldman Sachs managing director Roger Ng will face trial in January over his purported role in the 1Malaysia Development Berhad scandal, a New York federal judge said Tuesday, rescheduling the proceeding after a pandemic-related delay.

In a brief docket order, U.S. District Judge Margo K. Brodie set jury selection for Jan. 18 on charges that Ng facilitated the alleged $2.7 billion fraud on Malaysia's sovereign wealth fund while at Goldman. The trial was initially scheduled to begin on March 8, but was pushed back as the Brooklyn-based court dealt with a backlog of criminal trials postponed due to COVID-19.

Ng, who also...

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