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06-10-2023, 08:24 AM
Chief US District Judge Margo Brodie in Brooklyn yesterday ordered Ng's surrender to the US Marshals Service by today so he could be turned over to Malaysian law enforcement, who would transport him to their country.
Ng would be required upon returning to the United States to begin his prison term, prosecutors said in an earlier letter to Brodie. Ng's lawyers agreed to the proposed schedule, the letter said.
Ng is a Malaysian national and Goldman's former head of investment banking in Malaysia.
Brodie sentenced Ng in March, 11 months after jurors found him guilty of helping former Goldman boss Tim Leissner embezzle money from 1MDB, launder the proceeds, and bribe government officials to win business.
Leissner's much-delayed sentencing is now scheduled for March 19, 2024. Jho Low, a Malaysian financier and the scheme's suspected mastermind, was also indicted but remains at large.
Goldman settled with authorities in October 2020, agreeing to pay US$2.9 billion and having its Malaysian unit plead guilty to a corruption charge.
Ng had been arrested in Malaysia in November 2018, and agreed to be extradited to the United States.
https://www.malaymail.com/news/malaysia/...case/94671
Ng would be required upon returning to the United States to begin his prison term, prosecutors said in an earlier letter to Brodie. Ng's lawyers agreed to the proposed schedule, the letter said.
Ng is a Malaysian national and Goldman's former head of investment banking in Malaysia.
Brodie sentenced Ng in March, 11 months after jurors found him guilty of helping former Goldman boss Tim Leissner embezzle money from 1MDB, launder the proceeds, and bribe government officials to win business.
Leissner's much-delayed sentencing is now scheduled for March 19, 2024. Jho Low, a Malaysian financier and the scheme's suspected mastermind, was also indicted but remains at large.
Goldman settled with authorities in October 2020, agreeing to pay US$2.9 billion and having its Malaysian unit plead guilty to a corruption charge.
Ng had been arrested in Malaysia in November 2018, and agreed to be extradited to the United States.
https://www.malaymail.com/news/malaysia/...case/94671
