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Former Goldman Sachs Banker Seeks to Have 1MDB Charges Dropped

Bloomberg logoBloomberg 9/10/2020 Hadi Azmi
a man talking on a cell phone: Roger Ng, a former banker for Goldman Sachs Group Inc., left, exits from federal court in the Brooklyn borough of New York, U.S., on Monday, May 6, 2019. Ng is in plea talks to avoid a U.S. trial on charges that he broke American anti-bribery laws and conspired to launder money embezzled from Malaysia's state investment fund 1MDB. © Bloomberg Roger Ng, a former banker for Goldman Sachs Group Inc., left, exits from federal court in the Brooklyn borough of New York, U.S., on Monday, May 6, 2019. Ng is in plea talks to avoid a U.S. trial on charges that he broke American anti-bribery laws and conspired to launder money embezzled from Malaysia's state investment fund 1MDB.

(Bloomberg) -- A former Goldman Sachs Group Inc. banker has sought to have his charges lightened or dropped after Malaysia had withdrawn criminal charges against the U.S bank accused of misleading investors over $6.5 billion in bond sales it helped organize for 1Malaysia Development Bhd. or 1MDB.

The lawyer of banker, Roger Ng, has applied to the Malaysia’s Attorney General to have his charges of abetting Goldman Sachs in the alleged offenses relating to the 1MDB-linked bonds lightened or dropped, according to a court proceeding on Thursday. Ng is in the U.S to face 1MDB-related charges and his next case mention is set on Nov. 20.

Read: Goldman’s 1MDB Charges Dropped by Malaysia After Settlement (3)

“Following instruction from my client (Ng) I filed a letter of representation to the AG to have the charges against him reviewed,” Ng’s lawyer Tan Hock Chuan said on Thursday. “At the moment the charges against my client stands.”

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