Roger Ng, the former Goldman Sachs Group Inc banker convicted for helping to embezzle Malaysia's 1MDB sovereign wealth fund, appealed to a New York court on Saturday not to force him to spend more time in prison.In anticipation of his sentencing hearing scheduled for March 9, Ng's lawyers asked the court
Roger Ng, the former Goldman Sachs Group Inc banker convicted for helping to embezzle Malaysia's 1MDB sovereign wealth fund, appealed to a New York court on Saturday not to force him to spend more time in prison.
Ng, Goldman's former head of investment banking in Malaysia, spent six months in a Malaysian prison before he was picked up by the U.S. authorities on Nov. 1, 2018, according to the court filing. A federal jury in Brooklyn convicted Ng in April last year of conspiring to violate an anti-bribery law and commit money laundering. Ng faces up to 30 years in prison.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ex-Goldman banker Roger Ng seeks leniency in 1MDB scandal, says he’s ‘suffered enough’His lawyers insist his role has been minimal, and that his family has already lost their fortune paying back all the alleged kickbacks. Read more at straitstimes.com.
Read more »
Pregnant US inmate seeks release, claiming foetus she’s carrying is innocentThe woman was six weeks pregnant when she was arrested for fatally shooting another woman while taking an Uber. Read more at straitstimes.com.
Read more »
US House select committee seeks answers from FBI on China police 'outposts'FBI chief had said he was deeply concerned about Beijing setting up unauthorised “police stations” in US cities. Read more at straitstimes.com.
Read more »
Natalia argued on innocence of fetus to seek release in murder caseNatalia Harrell of Florida, who has been detained at the Turner Guilford Knight Correctional Center since July 2022, seeks freedom since her unborn child has no
Read more »
London court hearing in $577 million Trafigura nickel case due FridayLONDON : A London court is due to hold a hearing on Friday about a $625 million global freezing order imposed on Indian businessman Prateek Gupta and a web of firms he controls.Trafigura, which sought the order, said on Feb. 9 that it had booked a $577 million charge relating to what it alleges is 'system
Read more »