KUALA LUMPUR, June 20 — The case of former Goldman Sachs banker Roger Ng Chong Hwa Kes involving the sale of security notes and bonds valued at US$6.5 billion belonging to a...
KUALA LUMPUR, June 20 — The case of former Goldman Sachs banker Roger Ng Chong Hwa Kes involving the sale of security notes and bonds valued at US$6.5 billion belonging to a subsidiary of 1Malaysia Development Berhad at the High Court here has been postponed pending sentencing of his criminal case in the United States on September 13.
Deputy public prosecutor Zaki Asyraf Zubir had earlier told the court that the Ng’s criminal case in the US had been concluded and the sentencing was slated for Sept 13. “As such, I hereby request a date of mention on October 18 or 19 to inform the court on the latest status of the accused in the US,” he said during case management today.
On December 19, 2018, Ng pleaded not guilty to four charges of abetting Goldman Sachs over the sale of 1MDB bonds valued at US$6.5 billion by dropping material facts and making false statements.
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