US judge sets ex-Goldman banker’s 1MDB corruption trial for February, despite Omicron

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NEW YORK (Reuters): A US judge on Friday said a former Goldman Sachs banker charged in the 1MDB Malaysian sovereign wealth fund scandal will be tried in early February, expressing confidence the Omicron coronavirus variant will not upend the trial.

Chief Judge Margo Brodie of the federal court in Brooklyn delayed jury selection for Roger Ng by three weeks to Feb 7, with a trial beginning the following week. Jury selection had been set for Jan 18.

His former employer agreed in October 2020 to pay US$2.9bil and have a Malaysian unit admit criminal wrongdoing to settle probes by the US Department of Justice and others into the alleged looting of billions of dollars from 1MDB. But the judge said trials are taking place in Brooklyn, and a short delay should suffice based on expectations of the court’s epidemiologist.

Lawyers for Ng had opposed delaying the trial, saying he was ready to proceed after spending more than three years away from his family since his November 2018 arrest in Malaysia. Ng was extradited six months later.

 

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