Monetary Authority of Singapore bans Roger Ng for life | TheStarTV.com

Monetary Authority of Singapore bans Roger Ng for life

Published on 5 Sep 2023 9:37:06 PM

The Monetary Authority of Singapore (MAS) has issued a lifetime prohibition order (PO) against Ng Chong Hwa, also known as Roger Ng, a former managing director of Goldman Sachs (Singapore) Pte.

In a statement on Tuesday (Sept 5), MAS said the PO was issued following Ng's conviction in the United States for conspiracy to launder monies embezzled from 1Malaysia Development Bhd (1MDB), and violation of the United States' Foreign Corrupt Practices Act (FCPA).

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Keywords
singapore, monetary authority of singapore, prohibition order, roger ng, goldman sachs, conviction, conspiracy

The Monetary Authority of Singapore (MAS) has issued a lifetime prohibition order (PO) against Ng Chong Hwa, also known as Roger Ng, a former managing director of Goldman Sachs (Singapore) Pte.

In a statement on Tuesday (Sept 5), MAS said the PO was issued following Ng's conviction in the United States for conspiracy to launder monies embezzled from 1Malaysia Development Bhd (1MDB), and violation of the United States' Foreign Corrupt Practices Act (FCPA).

Read more at http://rb.gy/825yt

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
singapore, monetary authority of singapore, prohibition order, roger ng, goldman sachs, conviction, conspiracy

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