Prosecutors say Roger Ng, Goldman's former top investment banker for Malaysia, helped his former boss Tim Leissner embezzle money from the fund and bribe officials to win business for Goldman.
Ex-Goldman Sachs banker Roger Ng will stand trial in Malaysia in April and Malaysia has said it was seeking up to $7.5 billion in reparations from Goldman over its dealings with 1MDB.
The US requested the extradition of Ng Chong Hwa – a Malaysian former managing director at the bank – over the 1MDB money laundering and corruption scandal, which played a role in the electoral defeat of former prime minister Najib Razak.
Criminal charges filed against US investment bank and two of its former bankers in connection with bond offerings with Malaysian officials saying $2.7 billion was dishonestly misappropriated from bond issuances.
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