Cops Raid Home of Former Goldman Banker Roger Ng

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Police on Tuesday raided the house of former Goldman Sachs managing director Roger Ng and seized three cars and a substantial amount of cash, according to a source from the Anti-Money Laundering and Anti-Terrorism Financing Prevention Unit (Amla Unit).

“A team of police from the Amla Unit had gone to his house at Damansara Heights and confiscated three cars – a Toyota Alphard, a Toyota Prius, and a BMW (unspecified model), as well as RM49,000 in cash,” said the source.

The raid was in relation to the police investigation into 1MDB, he said.

Last month, police raided legal firm Rahmat Lim & Partners to seize documents linked to 1MDB.

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The firm represented Goldman Sachs during the issuance of 1MDB bonds totalling US$6.5 billion in 2012 and 2013.

Ng was detained on Nov 1 last year after a warrant of arrest was issued against him by the US government.

He was later indicted by the US Department of Justice, along with fellow ex-Goldman banker Tim Leissner and fugitive financier Low Taek Jho, on multiple criminal charges related to the 1MDB scandal.

Ng was charged with three counts of conspiring to violate the US Foreign Corrupt Practices Act by circumventing the internal accounting controls of a financial institution that underwrote the 1MDB-issued bonds.

On Feb 15, Ng agreed to be extradited to the US to face criminal charges.

Attorney-general Tommy Thomas, however, advised Home Minister Muhyiddin Yassin to only carry out the extradition after the completion of his cases in Malaysian courts.

Muhyiddin said he was informed by the AG that the former banker will face charges next month. – Malaysiakini