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Malaysia seeks return of ex-Goldman banker convicted in 1MDB case

Premium September 6, 2023

FILE PHOTO: Ex-Goldman Sachs banker Roger Ng and his lawyer Marc Agnifilo leave the federal court in New York, U.S., May 6, 2019. REUTERS/Jeenah Moon/File Photo

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By Luc Cohen

Malaysia wants a former Goldman Sachs banker convicted last year in New York of helping loot billions of dollars from its 1MDB sovereign wealth fund to return to the country before starting his 10-year U.S. prison sentence.

U.S. District Judge Margo Brodie in Brooklyn on Tuesday delayed Roger Ng’s scheduled Sept. 6 surrender date by one month to Oct. 6, after federal prosecutors said they needed more time to talk with Kuala Lumpur about first letting him stand trial on charges there.

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Premium

NEWS: Canada’s TD Bank names insider Michelle Myers as global chief auditor amid regulatory glare

 Premium

NEWS: Gazprombank, third largest lender in Russia, among 50 banks hit with new US sanctions

 Premium

NEWS: Thales, Europe’s largest defence technology company, faces bribery probe from UK’s SFO

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