Former Goldman Sachs banker Roger Ng in Malaysia to help in 1MDB probe

Ex-Goldman Sachs banker Roger Ng has arrived in Malaysia to assist in 1MDB investigations. PHOTO: REUTERS

KUALA LUMPUR – Former Goldman Sachs banker Roger Ng is in Malaysia to assist with investigations into the 1Malaysia Development Berhad (1MDB) scandal. Inspector-General of Police Tan Sri Razarudin Husain confirmed that Ng arrived in Malaysia at about midnight on Sunday.

“He has already arrived in Malaysia and is under police custody. However, I cannot divulge more details on the matter for security reasons,” he said, when contacted on Sunday. He did not indicate when Ng would be brought to court to face charges.

The Attorney General’s Chambers have yet to respond to queries regarding Ng’s return to Malaysia.

Officials from the Malaysian Anti-Corruption Commission said the former banker’s return was handled by the police.

Datuk Seri Saifuddin Nasution Ismail, Malaysia’s Minister of Home Affairs, previously said the government’s priority with Ng’s return was to ensure the return of all assets linked to the case.

Mr Saifuddin said Ng was allowed to attend trial in the United States, where he had been convicted but had not yet started serving his jail term.

Last Thursday, US District Court Chief Judge Margo Brodie in Brooklyn had ordered Ng’s surrender to the US Marshals Service by Friday so that he could be turned over to Malaysian law enforcement, who then transported him home.

Ng is facing 10 years’ jail time in the US, after being convicted in New York of helping to loot billions of dollars from 1MDB. He will be required to begin his prison term upon his return to the US.

On Sept 5, Singapore’s central bank the Monetary Authority of Singapore banned Ng for life, saying that his “severe misconduct” made it “contrary to public interest to allow him to carry on business as a representative”.

Ng was sentenced in March to 10 years in prison after jurors in a New York court found him guilty of helping his former Goldman boss Tim Leissner embezzle money from 1MDB, launder the proceeds and bribe government officials to win business.

Ng was arrested in Malaysia in November 2018 and agreed to be extradited to the United States. THE STAR/ASIA NEWS NETWORK

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