The jury convicted Ng of two counts of conspiracy to violate the Foreign Corrupt Practices Act and one depend of conspiracy to commit cash laundering.
Deliberations started on Tuesday after an almost two-month trial in federal court docket in Brooklyn.
The costs stemmed from one of many greatest monetary scandals in historical past.
Prosecutors have mentioned Goldman helped 1MDB increase $6.5 billion by three bond gross sales, however that $4.5 billion was diverted to authorities officers, bankers and their associates by bribes and kickbacks between 2009 and 2015.
Jurors heard 9 days of testimony from Leissner, who mentioned he despatched Ng $35 million in kickbacks. Leissner mentioned the lads agreed to inform banks a “cover story” that the cash was from a reliable enterprise enterprise between their wives.
Ng’s spouse, Hwee Bin Lim, later testified for the protection that the enterprise enterprise was, the truth is, reliable. She mentioned she invested $6 million within the mid-2000s in a Chinese firm owned by the household of Leissner’s then-wife, Judy Chan, and that the $35 million was her return on that funding.
Ng’s lawyer, Marc Agnifilo, mentioned in his closing argument on Monday that Leissner couldn’t be trusted. Alixandra Smith, a prosecutor, mentioned in her summation that Leissner’s testimony was backed up by different proof.
Jho Low, a Malaysian financier and suspected mastermind of the scheme, was indicted alongside Ng in 2018 however stays at massive.