© Reuters.
Roger Ng, formerly a banker at Goldman Sachs, is currently in Malaysian custody, where he is assisting in the recovery of assets tied to the 1MDB scandal. This development was confirmed following his transfer from the US Marshals Service in compliance with a US federal court order.
Ng’s detention period in Malaysia remains open-ended as local authorities, including the Malaysian Anti-Corruption Commission (MACC), Securities Commission (SC), and Inland Revenue Board (IRB), investigate his involvement and potential theft from Goldman Sachs. His return to Malaysia was expedited due to swift investigation by the Department of Justice and a prior agreement between administrations, thereby beating a February 2024 deadline.
Home Minister Datuk Seri Saifuddin Nasution Ismail emphasized the importance of recovering all assets linked to the case and noted that investigations into associates of businessman Low Taek Jho or Jho Low, who remains at large, are also ongoing.
Previously, Ng had been convicted in the US for conspiring to steal $35 million from 1MDB. However, his 10-year sentence was deferred for local charges. This sentence was passed back in March by Chief US district judge Margo Brodie who ordered his surrender to the US Marshals Service for extradition.
Ng’s return to Malaysia was confirmed on Sunday by Inspector-General Tan Sri Razarudin Husain. Details about his arrival were withheld for security reasons. Prior to his arrest in November 2018, he had been banned for life by Singapore’s central bank due to severe misconduct related to the 1MDB scandal. He was found guilty of aiding former Goldman boss Tim Leissner in embezzling 1MDB funds.
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