Malaysian court allows ex-Goldman banker to return to U.S. to face 1MDB charges
18 Feb 2019

Roger Ng, a former Goldman Sachs Group Inc banker caught up in the 1Malaysia Development Berhad (1MDB) fraud scandal, will be allowed to return to the United States to face criminal charges against him there, a Malaysian court ruled on Friday.

Ng has been detained in Kuala Lumpur since Nov. 1, shortly after the U.S. Department of Justice (DoJ) announced charges against him for allegedly laundering funds siphoned off from the 1MDB sovereign wealth fund. He left Goldman Sachs in 2014.

Ng had agreed to waive extradition and would be sent to the United States pending an order from the Malaysian home affairs ministry, judge Edwin Paramjothy Michael Muniandy said in a Kuala Lumpur court on Friday.

– Reuters, 15 February 2019.

Link to Reuters

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