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U.S. govt to jury in 1MDB trial: Convict although you d…

A federal prosecutor informed jurors on Monday that they’d gained sufficient proof to convict a former Goldman Sachs banker for his position in some of the greatest world cash laundering and bribery schemes even with out the testimony of the federal government’s superstar witness.

“You realize the defendant is in charge from different proof within the case,” Alixandra E. Smith, an assistant U.S. lawyer, mentioned all the way through the federal government’s remaining argument within the trial of Roger Ng in federal courtroom in Brooklyn.

Mr. Ng is accused of receiving $35 million in unlawful kickbacks from a scheme to thieve billions of greenbacks from the once-big Malaysian sovereign wealth fund referred to as 1MDB.

Over the process the trial, Tim Leissner, a former Goldman spouse who pleaded in charge and turned into the federal government’s superstar witness, emerged as a debatable determine, and it’s not unexpected federal prosecutors need the jury not to focal point an excessive amount of on his testimony.

All through six days of a grueling cross-examination he admitted to mendacity so much in existence. He was once pressured to confess to first of all mendacity to federal brokers, to his fellow companions at Goldman and to his wives and girlfriends.

However Ms. Smith mentioned Mr. Leissner didn’t lie when he testified in federal courtroom in Brooklyn to the important thing details of the scheme, which was once funded by way of a sequence of bond choices that Goldman organized for the 1MDB fund.

When it was once time for Mr. Ng’s legal professional to give his remaining arguments, he didn’t waste time calling out Mr. Leissner. The legal professional, Marc Agnifilo, mentioned Mr. Leissner was once a person who “will lie if it fits his passion.” He mentioned that, in spite of what the prosecution had mentioned, with out Mr. Leissner’s testimony the federal government may just no longer attach Mr. Ng to the conspiracy to thieve billions from the 1MDB fund.

“There’s no proof that connects Roger,” Mr. Agnifilo mentioned. “There isn’t a filthy e mail. Now not a nasty textual content message.”

In contrast, Mr. Agnifilo mentioned, the jury had noticed textual content messages through which Mr. Leissner was once prompt on whom to pay bribe cash to by way of Jho Low, a flamboyant Malaysian businessman who was once the architect of the scheme and is a fugitive believed to be dwelling in China.

Mr. Agnifilo mentioned Mr. Leissner had lied to the jury simply as he had accomplished different occasions in his existence.

“It’s an entire life of mendacity,” mentioned Mr. Agnifilo. “That is mendacity on a unprecedented degree.”

Remaining week, the jury heard testimony from Mr. Ng’s spouse, Hwee Bin Lim, who mentioned the $35 million she and her husband gained was once the proceeds from a $6 million funding she made with Mr. Leissner’s 2d spouse, Judy Chan.

The protection has argued Mr. Ng and his spouse were unaware that one of the vital cash Ms. Chan transferred to them were looted from 1MDB. Mr. Leissner has stated getting tens of hundreds of thousands of greenbacks in illicit proceeds within the scheme.

The case may just cross to the jury once Tuesday afternoon.


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