KUALA LUMPUR, Oct 7 — The Malaysian government should make known its plans for former Goldman Sachs banker Roger Ng who is set to be repatriated home after a US court found him...
KUALA LUMPUR, Oct 7 — The Malaysian government should make known its plans for former Goldman Sachs banker Roger Ng who is set to be repatriated home after a US court found him guilty of abetting in the theft of billions of ringgit from state-owned 1Malaysia Development Bhd .
Ng, formerly the Malaysian head of investment banking in Goldman Sachs, had already been tried in a US federal court which convicted him in March of conspiring to steal US$35 million from 1MDB, and was sentenced to serve 10 years in prison there. “He could either be transferred to the United States first and then come back to Malaysia to finish all his sentences, or the other is he may complete all his sentences in one country, either in Malaysia or the United States,” Nik Ahmad was quoted as saying.
“Therefore, it is imperative that the Malaysian public be informed of the government’s plans once he returns to Malaysia,” Pushpan Murugiah, chief executive of the Centre to Combat Corruption and Cronyism, was quoted as saying. His former boss, Tim Leissner, pled guilty to taking part in the 1MDB foreign bribery fraud and money laundering in August 2018 but cooperated with US prosecutors and became its star witness against Ng.
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