Roger Ng s US trial expected to begin June or July; still unclear when he will return to Malaysia
The Edge 16/3/2021 Timothy Achariam © Provided by The Edge
KUALA LUMPUR (March 16): The trial of former Goldman Sachs banker Roger Ng in the US for his role in the 1Malaysia Development Bhd (1MDB) scandal is expected to begin in June or July this year, the High Court here was told today.
Ng is facing four charges in Malaysia and currently extradited to the US while awaiting his trial for conspiring to launder money and bribe government officials in Malaysia and Abu Dhabi through bond offerings that Goldman Sachs handled.
Roger Ng s US trial expected to begin June or July; still unclear when he will return to Malaysia
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Court rejects last-minute supporting affidavit linked to 1MDB funds
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KUALA LUMPUR: A last-minute supporting affidavit on the 1Malaysia Development Bhd (1MDB) money trail has been struck out by the High Court in a RM114mil forfeiture suit filed by the government against Obyu Holdings Sdn Bhd.
This is following a decision by presiding judge Justice Muhammad Jamil Hussin to allow an application by former prime minister Datuk Seri Najib Razak and Umno to strike out the affidavit brought forth by the prosecution in the suit.
Najib and Umno are third party claimants in the forfeiture suit involving Obyu Holdings.
In his brief ruling, the judge said the court would not use the affidavit in its consideration in the case as it would prejudice the third parties involved, namely Najib and Umno.
KUALA LUMPUR (March 11): A lawyer for UMNO today told the High Court that the prosecution seeking the forfeiture of funds seized from the Pavilion luxury condominium unit owned by OBYU Holdings Sdn Bhd has failed to show how the company had allegedly misappropriated the funds from 1Malaysia Development Bhd (1MDB).
Tania Scivetti for UMNO said the prosecution should have named former prime minister Datuk Seri Najib Razak as the respondent in the forfeiture hearing and not OBYU.
She added that even with assertion by investigating officers Senior Assistant Commissioner R Rajagopal and Superintendent Foo Wei Min that the money in Najib s accounts was allegedly siphoned from 1MDB during the Goodstar, Tanore and Aabar phases, they did not show material accounts from these three entities to show that the monies seized from the property came from the company.