Singapore central bank bans ex-Goldman banker Ng for life after conviction in 1MDB scandal

Singapore central bank bans ex-Goldman banker Ng for life after conviction in 1MDB scandal

FILE PHOTO: Ex-Goldman Sachs banker Roger Ng and his lawyer Marc Agnifilo leave the federal court in New York, U.S., May 6, 2019. REUTERS/Jeenah Moon/File Photo

Singapore’s central bank, the Monetary Authority of Singapore (MAS), said on Tuesday that it had issued a lifetime ban against Ng Chong Hwa, the former managing director of Goldman Sachs (Singapore) embroiled in the 1MDB scandal.