Roger Ng, the former Goldman Sachs banker convicted for helping loot Malaysia's 1MDB sovereign wealth fund, on Friday sued the government's star witness Tim Leissner for more than $130 million, alleging fraud.
Ex-Goldman Sachs banker Roger Ng exits the Brooklyn Federal Courthouse after being found guilty for his part helping embezzle from Malaysia's 1MDB sovereign wealth fund, in Brooklyn, New York, US, April 8, 2022. REUTERS/Brendan McDermid/File Photo
In a complaint filed in a New York state court in Manhattan, Ng accused his former boss of repeatedly lying in order to steal his investments in energy drink maker Celsius Holdings and artificial intelligence company Sentient Technologies. "Ng is in the unimaginable position of having to defend himself against allegations made by the person who defrauded him and who stole the money that plaintiff Ng needs to defend against those same allegations," the complaint said.Ng, the former head of investment banking for Goldman Sachs Malaysia, said Leissner's thefts included a $1.25 million Celsius stake now worth more than $130 million, plus $1 million intended to buy half of Leissner's interest in Sentient.