Lifetime prohibition orders issued against Roger Ng

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

In a statement, MAS said the POs were issued following Ng’s conviction in the United States for conspiracy to launder money embezzled from 1Malaysia Development Bhd (1MDB) and violation of the United States’ Foreign Corrupt Practices Act (FCPA).