Law Insider India

Legal News, Current Trends and Legal Insight | Supreme Court of India and High Courts

High Court in Malaysia Adjourns Roger NG’S Case Pending Sentencing in US

1 min read

 Shivani Thakur

Published on: June 22, 2022 at 14:07 IST

The High Court in Malaysia has postponed Roger NG Chong Hwa Kes’ case regarding the sale of security notes and bonds valued at US$6.5 billion that belonged to an unit of 1Malaysia  Development Berhad (1MDB) while his criminal case in the US is being sentenced on September 13.

The criminal case against NG in the US had been resolved, and the sentencing was scheduled for September 13, according to deputy public prosecutor Zaki Asyraf Zubir, who had already informed the Court.

The US Department of Justice (DoJ) had applied for temporary extradition of NG to New York until the end of August. I’m sure that they (DoJ) will apply for an extension of the temporary extradition as the sentencing is in September.”

“As such, I hereby request a date of mention on Oct 18 or 19 to inform the Court on the latest status of the accused in the US,” he said during case management.

On December 19, 2018, NG entered a not guilty plea to four accusations that he had helped Goldman Sachs sell 1MDB bonds worth US$6.5 billion by omitting crucial information and making false claims.

Goldman Sachs International Ltd. And its two Asian subsidiaries, Goldman Sachs (Asia) LLC and Goldman Sachs (Singapore), were cleared of all charges on September 4 of last year after High Court Judge Mohamed Zaini Mazlan granted the prosecution’s request to drop the charges related to the sale of 1MDB bonds worth US$6.5 billion – Bernama.