US DoJ offers up to US$5m reward in exchange for information on corrupt assets linked to 1MDB | Malay Mail

, the assets must be in an account at a US financial institution or in possession or control of someone in the US.A former Goldman Sachs employee is currently on trial in New York after he was charged with helping to launder hundreds of millions of US dollars looted from Malaysia’s 1MDB sovereign wealth fund.

Roger Ng, Goldman’s former head of investment banking in Malaysia, stands accused of conspiring to launder money and violating an anti-bribery law. He has pleaded not guilty to all charges. His former boss Timothy Leissner, a former partner of Goldman Sachs in Asia, pleaded guilty in 2018 to conspiracy to launder money, and conspiracy to violate the Foreign Corrupt Practices Act , in part by helping to pay US$1.6 billion in bribes linked to 1MDB.

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