Ex-Goldman Banker Ng Says Malaysian Jail Was ‘Absolute Hell’

It is some kind of incomprehensible how Roger & his henchmen thought they could pull off this caper. They must have thought they had the magic formula, that they were flying under the radar, that they were safe!  If only they had taken a deep breadth and read my book, “What Goes Around Comes Around – A Guide To How Life REALLY Works“….first!

https://www.bloomberg.com/news/articles/2023-02-27/ex-goldman-banker-ng-says-malaysian-jail-was-absolute-hell?utm_source=website&utm_medium=share&utm_campaign=email?sref=gM6jgoKs

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Kirkus Reviews says:
A stable, nonpreachy, objective voice makes the book stand apart from others in the genre. A successful guide that uses anecdotes of real human experiences to reveal powerful truths about life.

Ex-Goldman Banker Ng Says Malaysian Jail Was ‘Absolute Hell’

by Patricia Hurtado

(Bloomberg) — Former Goldman Sachs Group Inc banker and convicted 1MDB conspirator Roger Ng said in a court filing that he spent six months in a squalid Malaysian prison where he was sometimes chained to as many as 20 other inmates.

Ng described his previous incarceration in a letter to US District Judge Margo Brodie pleading for leniency when he is sentenced next week for his role in the looting of Malaysian sovereign wealth fund 1MDB.

In the Saturday letter, Ng argued that the time he spent in Malaysia’s Sungai Buloh prison prior to his May 2019 extradition to the US was “absolute hell” and punishment enough for his crimes. Ng is asking Brodie to give him no additional jail time in the US when she sentences him March 9 in federal court in Brooklyn, New York.

Ng, 51, is the only Goldman employee to have gone to trial over the 1MDB scandal.

In Sungai Buloh, the onetime managing director said he lived with rats and other vermin, slept on a cement floor and contracted malaria and leptospirosis, a bacterial infection spread through contact with rat urine. When he was taken to court, Ng said he was handcuffed with 20 other prisoners in a “chain” and loaded into a crowded truck. He was held in solitary confinement for up to two weeks at a time, Ng said.

“Six months in the Malaysian prison had a devastating effect mentally and physically,” Ng wrote. “Until today, I find myself reclusive socially as I continue to deal with this brutal and distressing experience. The time without sunlight and in isolation made me lose my mind and become frightful.”

Ng was convicted by a federal jury in April of three felony counts, including conspiring to violate US anti-bribery laws and conspiring to launder money. Tim Leissner, Ng’s former Goldman boss, pleaded guilty and was the government’s star witness at trial. Leissner will be sentenced in September.

Goldman paid more than $2.3 billion in the plea deal, the largest penalty in US history for a violation of the Foreign Corrupt Practices Act.

©2023 Bloomberg L.P.

Kirkus Reviews, the gold-standard for independent & accurate reviews, has this to say about

What Goes Around Comes Around:

A successful guide that uses anecdotes to reveal powerful truths about life.  

The stable, positive, non-preachy and objective voice makes the book stand apart from others in the genre.

~ Kirkus Reviews

“The author gives readers not just points or principles to ponder, but real human experiences that demonstrate them!”
– Kirkus Reviews
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“I’ve read a number of books that focus on sharing a similar message, including “The Secret” by Rhonda Byrne, “The Answer” by John Assaraf & Murray Smith, “The Celestine Prophecy” by James Redfield, “Think and Grow Rich,” by Napoleon Hill, and I must say that I find Rob’s to be my favorite.” – Sheryl Woodhouse, founder of Livelihood Matters LLC

Ex-Goldman Banker Ng Says Malaysian Jail Was ‘Absolute Hell’

Ex-Goldman Banker Ng Says Malaysian Jail Was ‘Absolute Hell’

…And here is a genuine story about how even minimal effort to bring comfort to another human can result in outsized and wonderful results. How different the world might seem to many if that kind of true effort actually ran wild! It is a thought worth considering. It is also a siren call to each of us!

New research shows small gestures matter even more than we may think.

I wonder about when this train actually went off the rail and Balwani and Holmes both knew it. It reminds me somewhat of Bernie Madoff’s $20 Billion deception in that if Bernie had fessed up when his performance first went south and he tried to cover it up, only to make it worse, he might largely have been forgiven and returned to his original trading business. But he just couldn’t do that and as time went on…well we know the result.

Was there a similar trajectory for this pair? A time when they looked at each other and said, “Uh oh!” Not that it matters really. Somewhere along the way they knew what was going down and kept it going for as long as they could. Now have to face the music as eventually, always is the case. It is simply “The Law of Cause and Effect” unfolding. Hopefully for them there will be less tragic endings than Bernie. It depends on how they handle what they have wrought! We’ll see.