PETALING JAYA: Former Goldman Sachs banker Roger Ng, who has been charged in Malaysia and the US for his involvement in US$6.5 billion of bond sales arranged for troubled state fund 1MDB, has been sent to the US to face the charges against him there.
According to the charges, Jho Low and Ng conspired to launder billions of dollars embezzled from 1MDB and to violate the Foreign Corrupt Practices Act by paying bribes to Malaysian and Abu Dhabi authorities. However, Home Minister Muhyiddin Yassin said in February that Attorney-General Tommy Thomas had advised that Ng’s extradition be carried out only after his cases in the Malaysian courts are completed.
Law Law Latest News, Law Law Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: msianinsight - 🏆 8. / 63 Read more »