NEW YORK: Before beginning his 10-year US jail sentence, Malaysia wants a previous Goldman Sachs businessman who was found guilty in New York last year of aiding in the theft of billions of dollars from its 1MDB sovereign wealth fund to return to the nation.
Roger Ng’s scheduled September 6 surrender date was postponed by US District Judge Margo Brodie in Brooklyn on Tuesday( Sep 5 ) by one month to October 6 after federal prosecutors requested more time to speak with Kuala Lumpur about first allowing him to stand trial there.
According to prosecutors,” the United States is also working to make sure that the treatments governing the defendant’s returning to Malaysia won’t excessively postpone the execution of his US word.”
According to prosecutors, Ng’s attorneys consented to the one-month wait. One of the attorneys, Mr. Marc Agnifilo, declined to comment.
About 6.5 billion US dollars in securities that Goldman assisted 1MDB in selling in 2012 and 2013 were the case’s main driver.
According to US lawyers, officials, financiers, and their partners stole$ 4.5 billion from the country.
Ng, 51, was found guilty of conspiring to steal funds and commit corruption in March 2022. When he sentenced Ng a year later, Justice Brodie referred to his embezzlement as” a crime of true selfishness.”
Ng could be sent back to Malaysia to stand trial there once he is in US prison, US attorney Drew Rolle said at a judge hearing last month.
At the hearing, Mr. Agnifilo stated that Malaysia wanted Ng’s assistance with an continued 1MDB investigation.
Ng agreed to be extradited to the US three weeks after being detained in Malaysia in November 2018.
Professionals employed by the Malaysian government this month claimed that the United States had” backtracked” on its commitments regarding Ng’s fall in a separate letter to Justice Brodie on Tuesday. The situation was referred to by the attorneys as a” very serious issue.”
Tim Leissner, a former boss of Ng’s Goldman lender, admitted guilt and testified against the latter during the trial. He has not yet received a punishment.
The 1MDB scheme’s purported architect, Jho Low, was also charged with a crime but is still at large.