Ex-Goldman Malaysian banker faces US extradition over 1MDB scandal - News Summed Up

Ex-Goldman Malaysian banker faces US extradition over 1MDB scandal


KUALA LUMPUR, Malaysia — Malaysia on Wednesday moved to extradite to the United States a former Goldman Sachs banker embroiled in the multi-billion-dollar 1MDB scandal, even as he faces charges in the Southeast Asian country. Washington had requested the extradition of Ng Chong Hwa — a Malaysian former managing director at the bank — in October after bringing three criminal charges against him, including corruption and money-laundering. Deputy public prosecutor Shukor Abu Bakar told AFP that a legal application has been filed under the extradition treaty between the two countries. Goldman has pledged to fight the charges, insisting it was misled by the former Malaysian government and 1MDB. Leissner has pleaded guilty to conspiring to launder money allegedly siphoned from 1MDB and paying bribes to Malaysian and Emirati officials.


Source: Philippine Daily Inquirer December 19, 2018 07:07 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */