Ex-Goldman banker bought diamonds worth US$300,000 with 1MDB money

An FBI agent told a jury how he traced US$35 million siphoned from 1MDB, diverted to a Goldman Sachs banker and used to buy a US$20,000 gold-plated hourglass and US$300,000 in diamond jewellery.Testifying on Tuesday at the foreign-bribery trial of ex-Goldman Sachs banker Roger Ng, Agent Sean Fern said he was able to track the funds prosecutors say Ng got as part of a global scheme to steal billions of dollars from sovereign wealth fund 1Malaysia Development Bhd.As the US begins to wrap up its…

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