US DoJ confirms Jho Low, ex-banker Roger Ng indicted over 1MDB scandal

[covertbriar]

A three-count criminal indictment was unsealed today in federal court in the Eastern District of New York charging Low Taek Jho, also known as “Jho Low,” and Ng Chong Hwa, also known as “Roger Ng,” with conspiring to launder billions of dollars embezzled from 1Malaysia Development Berhad (1MDB), Malaysia’s investment development fund, and conspiring to violate the Foreign Corrupt Practices Act (FCPA) by paying bribes to various Malaysian and Abu Dhabi officials.

As part of the three-count indictment, Ng is also charged with conspiring to violate the FCPA by circumventing the internal accounting controls of a major New York-headquartered financial institution (Financial Institution), which underwrote more than US$6 billion (RM25 billion) in bonds issued by 1MDB in three separate bond offerings in 2012 and 2013, while Ng was employed at the Financial Institution as a managing director. Ng was arrested earlier today in Malaysia, pursuant to a provisional arrest warrant issued at the request of the United States. Low remains at large.

More at US DoJ confirms Jho Low, ex-banker Roger Ng indicted over 1MDB scandal

 

[winnipegjets]

Jho Low now has, no choice, but to seek refuge in Russia. No other countries will take him.

 

[halsey02]

Jho Low now has, no choice, but to seek refuge in Russia. No other countries will take him.

They know where he is, but wayang here wayang there, so that, the monkeys up the tree can make a escape first. If not, they start shaking the tree, all the monkeys of so many different types will start falling off. After allowing the monkeys to make a getaway...they have only the "whale" left..Jhow Low.

Then they all will point fingers at him, including Najee & Rosman... "HIM!"

 

[syed putra]

Najib is a disgrace to be fooled so easily by chinamen. Its becsuse of people like him malays end up delivering food for chinamen and paid using 1mdb money,