Malaysia seeks return of former Goldman banker convicted in 1MDB case

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Malaysia seeks return of former Goldman banker convicted in 1MDB case
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NEW YORK — Malaysia wants a former Goldman Sachs banker convicted last year in New York of helping loot billions of dollars from its 1MDB sovereign wealth fund to return to the country before starting his 10-year US prison sentence. US District Judge Margo Brodie in Brooklyn on Tuesday (Sept 5) delayed Roger Ng's scheduled Sept 6 surrender date by...

NEW YORK — Malaysia wants a former Goldman Sachs banker convicted last year in New York of helping loot billions of dollars from its 1MDB sovereign wealth fund to return to the country before starting his 10-year US prison sentence.

"The United States is also working to ensure that the procedures governing the defendant's return to Malaysia will not unduly delay the service of his US sentence," prosecutors said. Ng, 51, was convicted in March 2022 on bribery and money laundering conspiracy charges. Brodie called his embezzlement "a crime of pure greed" when sentencing Ng a year later.

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