Ex Goldman Sachs Banker Ng Remanded For 60 Days



The United States Department of Justice (DOJ) must ensure that the documentation process on the extradition of Roger Ng to the United States is completed within the 60-day remand order
Bukit Aman Commercial Crime Investigation Department director Amar Singh Ishar Singh said the 60-day remand order on Ng, whose real name is Ng Chong Hwa, came into effect on Nov 2 after he was detained on Nov 1, following an arrest warrant filed by the United States (US)
"... the period (60 days) was given by the US court (to justify) the extradition process," he told reporters after opening the Sri Hartamas police station in Kuala Lumpur todayThe media had earlier reported that US authorities had filed a warrant of arrest against Ng after charges in relation to the 1Malaysia Development Berhad (1MDB) case were brought against him in absentia
Apart from Ng, Malaysian businessman Low Taek Jho or Jho Low is also being sought by the DOJ for the same case
According to the DOJ, Jho Low and Ng allegedly conspired to launder billions of dollars embezzled from 1MDB and conspired to violate the Foreign Corrupt Practices Act (FCPA) by paying bribes to Malaysian and Abu Dhabi authorities
Meanwhile, when asked to comment on Media Prima Berhad computer systems being hacked by cyber attackers, he said the police were investigating the matter.Yesterday the media reported that Media Prima was hit by a ransomware attack demanding 1,000 bitcoins and ransom of RM26.4 million to release access to the computer systems
On the opening of the police station, Amar Singh said he was deeply moved to be given the opportunity to officiate the ceremony
- Bernama

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