Former Goldman banker seeks review of 1MDB charges in Malaysia



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KUALA LUMPUR (Reuters) – Former Goldman Sachs banker Roger Ng has asked Malaysian prosecutors to review criminal charges against him for allegedly instigating the sale of $ 6.5 billion in bonds linked to 1Malaysia Development Berhad (1MDB), he said. on Thursday his lawyer.

The request by Ng, a Malaysian national, comes days after prosecutors dropped criminal charges against Goldman Sachs following a deal whereby the US investment bank would pay $ 3.9 billion to the Malaysian government.

Ng’s lawyer, Tan Hock Chuan, told a Kuala Lumpur court that he had asked the country’s attorney general to reduce or drop four charges against his client.

“Following my client’s instructions, we have sent a representation letter to the attorney general to review the charges against him,” he told reporters after the hearing.

The judicial process will continue on November 20.

Ng is currently in the United States, where he has been charged with conspiring to launder money and bribing government officials in Malaysia and Abu Dhabi through bond offerings that Goldman Sachs had handled.

According to an extradition agreement, Ng will be returned to Malaysia after his trial in New York, which begins next year, ends.

Ng has pleaded not guilty to the charges in both countries.

The US Department of Justice estimates that $ 4.5 billion of 1MDB was embezzled between 2009 and 2014, including some of the funds that Goldman Sachs helped raise. The bank has consistently denied wrongdoing.

(Reporting by Rozanna Latiff; Editing by Simon Cameron-Moore)

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