Former Goldman Sachs Banker Seeks to Have 1MDB Charges Dropped

In this article

A former Goldman Sachs Group Inc. banker has sought to have his charges lightened or dropped after Malaysia had withdrawn criminal charges against the U.S bank accused of misleading investors over $6.5 billion in bond sales it helped organize for1Malaysia Development Bhd. or 1MDB.

The lawyer of banker, Roger Ng, has applied to the Malaysia’s Attorney General to have his charges of abetting Goldman Sachs in the alleged offenses relating to the 1MDB-linked bonds lightened or dropped, according to a court proceeding on Thursday. Ng is in the U.S to face 1MDB-related charges and his next case mention is set on Nov. 20.

  • 2x
  • 1.75x
  • 1.5x
  • 1.25x
  • 1x, selected
  • 0.75x
  • 0.5x
  • subtitles off, selected



    Read:Goldman’s 1MDB Charges Dropped by Malaysia After Settlement (3)

    “Following instruction from my client (Ng) I filed a letter of representation to the AG to have the charges against him reviewed,” Ng’s lawyer Tan Hock Chuan said on Thursday. “At the moment the charges against my client stands.”

    Source: Read Full Article