SINGAPORE (Nov 5): US authorities have indicted Low Taek Jho and former Goldman Sachs managing director Roger Ng Chong Hwa for their roles in laundering billions of dollars in illegal proceeds from 1Malaysia Development Bhd (1MDB). They are also accused of paying hundreds of millions of dollars in bribes to both Malaysian and Abu Dhabi officials, thereby violating the US’ Foreign Corrupt Practices Act (FCPA).

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