Roger Ng, a former Goldman Sachs banker, was sentenced to 10 years in prison on Thursday for his role in the embezzlement, laundering, and bribery of Malaysia's 1MDB sovereign wealth fund. The charges stem from $6.5 billion in bonds that Goldman Sachs helped 1MDB sell, of which $4.5 billion was embezzled and used to finance luxury items. Ng denied the charges, but the court's sentence stands as a reminder of the consequences of financial fraud and corruption.
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An international team of investigators has found "strong indications" that Russian President Vladimir Putin approved the supply of heavy anti-aircraft weapons to Ukrainian separatists who shot down Malaysia Airlines flight MH17 in 2014. The Joint Investigation Team has collected a large amount of evidence, including witness statements, intercepted phone calls, satellite images and videos, and identified the exact location from which the missile was launched. However, the team has insufficient evidence to prosecute Putin or any other suspects and has suspended their 8½-year inquiry into the shooting down that killed all 298 people on board.
An international team of investigators have released a statement claiming that there are "strong indications" that Russian President Vladimir Putin approved the supply of heavy anti-aircraft weapons to Ukrainian separatists who shot down Malaysia Airlines flight MH17 in 2014. The Joint Investigation Team noted that although there are strong indications that Putin was involved in the decision, the "high bar of full and conclusive evidence is not met." The team is composed of representatives from the Netherlands, Australia, Belgium, Malaysia, and Ukraine and is expected to release its final report in the coming months.