A judge said the Justice Department is engaged in plea negotiations with a former Goldman Sachs managing director, a development that could help prosecutors build a case against the bank and Goldman employees in a Malaysian government fund scandal
NEW YORK—A federal magistrate judge on Monday said the Justice Department is engaged in plea negotiations with a former managing director of Goldman Sachs Group Inc. who was extradited from Malaysia, a development that could help prosecutors build a case against the bank and Goldman employees in the scandal involving a Malaysian government fund.
News of the talks between the former banker, Roger Ng, and federal prosecutors in Brooklyn was revealed by U.S. Magistrate Judge Peggy Kuo during Mr. Ng’s initial court hearing. He...
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