U.S. Seeks Testimony about Ex-Goldman Banker Ng’s ‘Cover Story’

Prosecutors said they want to conclude their questioning of former Goldman Sachs Group Inc. banker Tim Leissner on Tuesday by having him tell jurors how he met with Roger Ng and their wives in 2016 to concoct “a cover story,” to conceal their fraud tied to the looting of 1MDB.

Leissner is the government’s star witness against his former subordinate Ng, who’s on trial accused of conspiring to bribe officials in Malaysia and Abu Dhabi from 1MDB bond deals. The alleged mastermind of the scheme, financier Jho Low paid Leissner more than $60 million in kickbacks while Ng got ...