11-24-2020, 09:27 AM
NEW YORK: Former Goldman Sachs Group Inc banker Roger Ng asked for the foreign bribery case against him to be dismissed, saying he “warned” the bank not to do business with fugitive financier Low Taek Jho.
Ng, who says he told Goldman that Low was “not to be trusted”, is facing trial next year on charges of bribery and money-laundering conspiracy.
He is accused of helping former prime minister Najib Razak and others embezzle at least US$2.7 billion from 1MDB. Low, more commonly known as Jho Low, is accused of masterminding the scheme.
In a 126-page filing, Ng says the US has no business prosecuting him because the alleged crimes were committed in Malaysia. He also argues that his former boss, Tim Leissner, an ex-Goldman banker who has agreed to plead guilty and testify against him, is really the central figure in the scheme because he ultimately persuaded the bank to do business with Low.
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Ng, who says he told Goldman that Low was “not to be trusted”, is facing trial next year on charges of bribery and money-laundering conspiracy.
He is accused of helping former prime minister Najib Razak and others embezzle at least US$2.7 billion from 1MDB. Low, more commonly known as Jho Low, is accused of masterminding the scheme.
In a 126-page filing, Ng says the US has no business prosecuting him because the alleged crimes were committed in Malaysia. He also argues that his former boss, Tim Leissner, an ex-Goldman banker who has agreed to plead guilty and testify against him, is really the central figure in the scheme because he ultimately persuaded the bank to do business with Low.
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