Former Goldman Sachs Banker Convicted in 1MDB Scandal Returns to Malaysia to Aid Asset Recovery

TL;DR Summary
Former Goldman Sachs executive Roger Ng Chong Hwa, convicted in the US for his involvement in the multibillion-dollar looting of Malaysia's 1MDB fund, has been brought back to Malaysia to assist in asset recovery efforts. Ng, who denies the charges against him, is under police custody and faces graft charges in Malaysia. The government seeks to review a settlement package with Goldman Sachs, considering it too lenient. The 1MDB scandal led to the downfall of the Malaysian government, with former Prime Minister Najib Razak currently serving a 12-year jail term. Malaysian financier Low Taek Jho, the alleged mastermind, remains a fugitive.
- A former Goldman Sachs banker convicted in looting 1MDB fund back in Malaysia to help recover assets ABC News
- Malaysia Says Ng to Help Recover 1MDB Assets Linked to Goldman Bloomberg
- Roger Ng arrives in Malaysia for 1MDB questioning after US conviction South China Morning Post
- Ex-Goldman Banker Ng in Malaysia for 1MDB Probe, Bernama Says Bloomberg
- View Full Coverage on Google News
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