In 1MDB Trial
Roger Ng Got 10 Years
Now Briefing on
Forfeiture in EDNY
After Book
by
Matthew Russell Lee, Patreon Book
Substack
EDNY COURTHOUSE,
March 15 – In
the 1MDB
scandal Inner
City Press
live tweeted a
proceeding in
August 2020, here
and below.
On April 8,
2022 the jury
found Roger Ng
guilty of all
charges, after
three days of
deliberation.
Book here,
The Weasels of
Wall Street:
Jho Low,
Ukraine and
the UN as
Larry Ray: On
the Eastern
Front a War
Against
Impunity, of
Goldman Sachs
and UN Keeping
Money, Larry
Ray
#JohnListGone?
On March 9, 2023
Ng "was sentenced by United
States District Judge Margo K.
Brodie to 10 years’
imprisonment for conspiring to
launder billions of dollars
embezzled from 1Malaysia
Development Berhad (1MDB),
conspiring to violate the
Foreign Corrupt Practices Act
(FCPA) by paying more than
$1.6 billion in bribes to a
dozen government officials in
Malaysia and Abu Dhabi, and
conspiring to violate the FCPA
by circumventing the internal
accounting controls of Goldman
Sachs. The forfeiture amount
will be determined at a later
date."
On March 15,
Judge Brodie docketed: "ORDER
re [228] Motion for
Forfeiture, [234] Memorandum
in Support of Motion, and
[235] Response in Opposition
to Motion. Having reviewed the
parties submissions, and
reviewed additional law, the
Court concludes that it is
statutorily required to impose
forfeiture. However, the Court
directs defendant to file a
letter on or before March 18,
2023, addressing the 8th
Amendment argument fleetingly
mentioned in footnote 2 of his
letter, and directs the
government to respond on or
before March 21, 2023. See
United States v. Bajakajian,
524 U.S. 321, 334 (1998) ("[A]
punitive forfeiture violates
the Excessive Fines Clause [of
the Eighth Amendment] if it is
grossly disproportional to the
gravity of a defendants
offense."); United States v.
Castello, 611 F.3d 116, 120
(2d Cir. 2010) ("The proper
amount of forfeiture... is the
total forfeitable amount
required by the statute,
discounted by whatever amount
is necessary to render the
total amount not grossly
disproportional to the offense
of conviction."). Signed by
Chief Judge Margo K. Brodie on
3/15/2023."
***
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