A US jury has convicted former Goldman Sachs managing director Roger Ng for helping to loot hundreds of billions of dollars from 1MDB.
“The scheme was massive in its scale,” Breon Peace, the US attorney for the Eastern District of New York, said in a statement.
“It was brazen in its execution. Ng obtained lucrative business for his employer by bribing a dozen government officials in Malaysia and Abu Dhabi. And it was obscene in its greed.
“Today’s verdict is a victory for not only the rule of law, but also for the people of Malaysia….
“The defendant and his cronies saw 1MDB not as an entity to do good for the people of Malaysia, but as a piggy bank to enrich themselves with piles of money siphoned from the fund.
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“With today’s verdict, a powerful message has been delivered to those who commit financial crimes motivated by greed. You will be caught, prosecuted and convicted like Mr Ng and face a long prison sentence.”
Published by the US Attorney’s Office for the Eastern District of New York
AGENDA RAKYAT - Lima perkara utama
- Tegakkan maruah serta kualiti kehidupan rakyat
- Galakkan pembangunan saksama, lestari serta tangani krisis alam sekitar
- Raikan kerencaman dan keterangkuman
- Selamatkan demokrasi dan angkatkan keluhuran undang-undang
- Lawan rasuah dan kronisme
Why is the crook walking around the country free? Who is looking after our friend Jho Low. Where is he hiding?
This article is best described as a lucrative message to the aforesaid Official1 who still walks as a free man despite duly convicted by both the Kuala Lumpur High Court & Appellate Court on criminal charges as allegged.
Though pending his appeal to the Federal Court of Malaysia., Malaysian peoples who love sovereignty of law & justice, are suffering unbearable disgrace with each passing day. How long more the Malaysian peoples must suffer this embarrassment ?
Hopes, this new verdict by the US’s attorney office of New York shall enshrined the Malaysian Jurisdiction System in the light of 1MDB ongoing trials.
Yours fraternity.