Malaysia sends ex-Goldman banker to US for 10 months to face 1MDB charges
Malaysia has extradited a former Goldman Sachs banker to the United States for 10 months to face criminal charges linked to a multibillion-dollar scandal at state fund 1MDB, its attorney general said on Monday.
Malaysian Roger Ng has been detained in Kuala Lumpur since Nov. 1, after the US Department of Justice (DoJ) announced charges against him for allegedly laundering funds diverted from the 1Malaysia Development Berhad (1MDB) fund. He left Goldman Sachs in 2014.
Ng had agreed to be sent to the United States, but the proceedings were delayed after Malaysia’s home minister said he should first face criminal charges in the Southeast Asian nation. Following negotiations, the two countries have now agreed for Ng to be temporarily surrendered to the United States for ten months and for the US case against him to proceed first,
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