23 May 2019
Plea negotiations are not yet on the agenda, a lawyer for Ng and a spokesman for the US Department of Justice said. Instead, they plan to only discuss scheduling for case proceedings at a Brooklyn federal court. Ng pleaded not guilty to the charges on May 6 and was released in exchange for a US$20 million bond.
Malaysia’s home minister wanted Ng to face criminal charges there first, but agreed to temporarily surrender him to the United States for 10 months, Malaysia’s Attorney-General Tommy Thomas, said in a statement.The 1MDB case has shaken Goldman Sachs, which is also being probed by the Justice Department for its role as underwriter and arranger for some USZ$6.5 billion worth of 1MDB bond offerings.
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