Former Goldman Banker Ng Guilty in 1MDB Trial

Former Goldman Banker Ng Guilty in 1MDB Trial

Assessment

Interactive Video

Business, Social Studies

University

Hard

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Roger Owen, a former Goldman Sachs banker, was found guilty on all three counts in the 1MDB fraud scheme, facing up to 30 years in prison. This case is significant for Goldman Sachs, which has already paid over $5 billion in settlements and made compliance changes. The trial's outcome is closely watched, with potential penalties for Owen including jail time.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was Roger Owen found guilty of in the 1MDB fraud scheme?

Two counts of conspiracy

Three counts of conspiracy

One count of conspiracy

No counts of conspiracy

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much has Goldman Sachs paid in settlements related to the 1MDB case?

$10 billion

$5 billion

$2.9 billion

$1 billion

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What changes has Goldman Sachs made following the 1MDB fraud case?

Enhanced compliance measures

Increased bonuses for executives

Reduced client base

Expanded global operations

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the potential prison sentence Roger Owen faces?

40 years

30 years

20 years

10 years

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What financial repercussions did Goldman executives face due to the 1MDB case?

Promotions

Clawbacks and reduced pay

Stock options

Increased salaries