Despite dropping Goldman Sachs’ 1MDB-linked charges, prosecution says will continue with banker Roger Ng’s case
Ex-Goldman Sachs banker Roger Ng leaves the federal court in New York May 6, 2019. — Reuters pic
Ng’s lawyer Datuk Tan Hock Chuan then said this was the first time he had heard of the prosecution’s possible plan to transfer the case, and then asked for a case management date. The company Goldman Sachs International was previously facing four charges involving the alleged omission of material facts and making untrue statements of material facts in relation to three bonds worth US$6.5 billion that were issued by three 1MDB subsidiaries. Ng was charged in December 2018 under Section 370 of the Capital Markets and Services Act 2007 with abetting Goldman Sachs International of committing the alleged offences.
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