Roger Ng withdraws appeal for bail
Former Goldman Sachs banker Roger Ng has withdrawn his appeal over not being granted bail since his detention on Nov 1, 2018.
His lawyer Tan Hock Chuan told a three-member Court of Appeal bench today that his client has agreed to be extradited to the United States to face charges there and waived his rights to challenge the move...
Former Goldman Sachs banker Roger Ng (photo, above) has withdrawn his appeal over not being granted bail since his detention on Nov 1, 2018.
His lawyer Tan Hock Chuan told a three-member Court of Appeal bench today that his client has agreed to be extradited to the United States to face charges there and waived his rights to challenge the move.
Hence, Tan said they are withdrawing the appeal against the Kuala Lumpur High Court decision made by Justice Colin Lawrence Sequerah, who had refused to grant bail for Ng pending the extradition hearing.
Following the disclosure, the appellate bench led by Justice Kamardin Hashim, who sat with Justices Rhodzariah Bujang and Mohd Zabidin Mohd Diah, struck out the appeal.
DPP Nik Syahril Nik Ab Rahman had no objection to the withdrawal.
Ng is facing three counts of conspiring to violate the American Foreign Corrupt Act, by circumventing the internal accounting controls of a major New York-headquartered financial institution which underwrote more than US$6 billion in bonds issued by 1MDB in three separate bond offerings in 2012 and 2013 while he was employed at the financial institution as a managing director.
On Feb 14, before Sessions judge MM Edwin Paramjothy, Ng agreed to be extradited and consented to terms including a waiver to challenge the extradition to the United States to face the 1MDB-related charges.
He could face deportation within 30 days or three months under Malaysian law.
Ng is being held at the Sungai Buloh prison pending deportation.
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