NO MERCY FOR NAJIB’S FAVORITE BANKER ROGER NG – FORMER GOLDMAN EXEC TO BE EXTRADITED TO U.S. WITHIN 60 DAYS TO FACE 1MDB CORRUPTION CHARGES

KUALA LUMPUR: Former Goldman Sachs banker Roger Ng is expected to be extradited to the United States within 60 days from the day of his arrest, in connection with the 1Malaysia Development Bhd (1MDB) investigation, says Datuk Seri Amar Singh.

The Bukit Aman Commercial Crime Investigation Department (CCID) director said Malaysian police obtained a 60-day remand order following Ng’s arrest on Nov 1 in Malaysia.

“We are assisting the US Department of Justice (DoJ).

“The DoJ have to complete all the necessary arrangements and documentations in relation to the extradition process within the 60 days,” he told a press conference after launching the Sri Hartamas police station on Wednesday (Nov 14).

The United State’s Department of Justice (DoJ) had charged Ng’s former colleague Tim Leissner alongside fugitive financier Low Taek Jho, also known as Jho Low, over funds misappropriated from 1MDB and paying bribes to various Malaysian and Abu Dhabi officials.

The three-count indictment charges Low with misappropriating money from 1MDB and using it for bribes and kickbacks to foreign officials, to pay for luxury real estate, art and jewellery in the US and to fund Hollywood movies, including The Wolf of Wall Street.

THE STAR

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