FORMER Goldman Sachs banker Roger Ng Chong Hwa, who was arrested in Kuala Lumpur yesterday, will be extradited to the United States to face charges related to the 1Malaysia Development Bhd scandal, police said today.

Commercial Crime Investigation Department (CCID) director Amar Singh said the extradition will take place but will take some time.

“He will be extradited to the US as a warrant of arrest has been issued against him,” Amar told The Malaysian Insight.

But this will take time as Ng will also be questioned by Malaysian authorities.

The Malaysian Insight learnt that Ng, who was indicted by the US Department of Justice yesterday, will also be questioned by Malaysian police from the federal police’s Anti-Money Laundering (Amla) unit.

A source said this was apart from questioning by the CCID.

“After CCID, Amla will also question Ng,” the source told The Malaysian Insight.

Ng was indicted along with another Malaysian, Penang-born businessman Low Taek Jho, and another ex-Goldman Sachs banker, Tim Leissner.

All were said to have conspired to launder billions of dollars embezzled from 1MDB, and to pay bribes to various Malaysian and Abu Dhabi officials.

Leissner had pleaded guilty to conspiracy to launder money and to violating the Foreign Corrupt Practices Act, and was ordered to pay US$43.7 million (RM182 million).

In the DoJ’s indictment filing, Ng was mentioned as being part of arrangements with Low to transfer money from a British Virgin Islands company to “settle” gifts for “Madam”, the codename given to Rosmah Mansor, the wife of former prime minister Najib Razak.

Ng was also mentioned together with Low, Najib’s stepson Riza Aziz, and Leissner, in a move to transfer funds from bond transactions that were eventually used in the production of the movie, The Wolf of Wall Street. – November 2, 2018.