PETALING JAYA, Nov 14 — The Malaysian former Goldman Sachs banker Ng Chong Hwa will be sent to the United States to face charges over 1Malaysia Development Bhd (1MDB) before the end of December, Datuk Seri Amar Singh said today.
The Bukit Aman commercial crimes director said federal police have obtained a 60-day remand letter for the ex-banker better known as Roger Ng following his arrest on November 1 and is currently assisting the US Department of Justice (DoJ) with the extradition process.
“The DoJ needs time to complete all the necessary documentation in relation to the extradition process within the 60 days,” he told a press conference after launching the Sri Hartamas police station in Kuala Lumpur this morning.
On Nov 1, the DoJ indicted Ng's former colleague, Tim Leissner, alongside fugitive financier Low Taek Jho (Jho Low) over funds misappropriated from 1MDB and bribing various Malaysian and Abu Dhabi officials.
Leissner pleaded guilty to conspiracy to launder money and conspiracy to violate the Foreign Corrupt Practices Act and agreed to forfeit US$43.7 million (RM183.3 million).
The three-count indictment accuses Low of misappropriating money from 1MDB and using it for bribes and kickbacks to foreign officials, to purchase high-end real estate, art and jewellery in the US, and to fund Hollywood movies including The Wolf of Wall Street.
Last week Bloomberg reported that Ng and his family reportedly agreed to surrender about US$29 million linked to 1MDB to Singapore authorities.
*Editor's note: An earlier version stated that the extradition would be carried out before end January 2019. Malay Mail made amendments to reflect a closer date.
