Malaysia Rejects Goldman’s Arbitration Bid in Explosive Showdown Over 1MDB Settlement

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U.S. District Judge Margo K. Brodie, in an order dated October 5, annulled Roger Ng’s Friday deadline to surrender to the Federal Bureau of Prisons, opting instead to remand him to the U.S. Marshals Service, who will oversee his return to Malaysia.

Malaysia’s legal counsel in New York had previously expressed concerns over the U.S.’s perceived deviation from commitments outlined in the extradition treaty. They argued that U.S. prosecutors should have sought the court’s approval for Ng’s return to Malaysia prior to serving his prison sentence.

As this legal firestorm unfolds, the fate of the 1MDB scandal and the profound implications for Goldman Sachs and Malaysia remain uncertain. The world watches with bated breath as these powerhouses clash in the heart of this enigmatic legal labyrinth.

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