A former employee of the American bank Goldman Sachs faces a long prison sentence after being found guilty in the corruption affair involving the Malaysian sovereign wealth fund 1MDB.

After an eight-week trial in Brooklyn, a jury found the 49-year-old banker guilty of all charges on Friday.

Violations of US anti-bribery and anti-money laundering laws could now see the former financial executive face up to 30 years in prison.

According to the indictment, he is said to have stolen more than $35 million himself through his role in the scandal.

The multi-billion dollar 1MDB fund was set up in 2009 to boost Malaysia's economy.

Former government officials and shady advisers, however, are said to have embezzled most of the funds with the help of former Goldman Sachs employees.

The bank accepted a $2.9 billion fine in a settlement in October 2020.

The former supervisor of the now convicted former employee, who is considered to be primarily responsible at Goldman, had pleaded guilty and made a deal with law enforcement.

During the trial, he heavily incriminated his former colleague.