The Malaysian national, who has been detained since November 1, is now in the custody of the U.S. Department of Justice.
Malaysia has extradited former Goldman Sachs banker Roger Ng to the U.S., where he faces criminal charges linked to state investment fund 1MDB. The Edge reported, citing unnamed sources, that the Malaysian national left the country on Friday and is now under the watch of the U.S. Department of Justice.
Ng on February 15 agreed to be sent to the U.S. to face three criminal charges for allegedly laundering funds diverted from 1MDB, and applied to the Sessions Court to waive the extradition proceedings against him. However, Malaysia's home minister said he should first face criminal charges in Malaysia. A deal worked out between Malaysian and U.S. authorities last week paved the way for his extradition.
Denies Wrongdoing
Ng, who left the bank in 2014, has denied any wrongdoing over his role in the US$6.5 billion of 1MDB bond sales that Goldman arranged.
He was the deputy to Tim Leissner, the firm's former head of Asian investment banking, who faces up to 10 years in prison after pleading guilty to his involvement in the scandal. Both men worked at Goldman's Singapore office.
Malaysia's Attorney-General is expected to release a statement on Ng status later on Monday.
