Bukit Aman Commercial CID director Amar Singh said police had obtained a 60-day remand letter for Ng following his arrest on Nov 1, The Malay Mail Online reported.

Police are also assisting the US Department of Justice (DoJ) with the extradition process.

“The DoJ needs time to complete all the necessary documentation in relation to the extradition process within the 60 days,” Amar was quoted as saying at a press conference this morning.

Last week, Bloomberg reported that Ng, who was arrested earlier this month at the request of US authorities, was fighting extradition to the US where he would face charges of money laundering and bribery related to the scandal-plagued investment fund.

He is one of at least three current and former Goldman bankers implicated by the DoJ as “having taken part in or having knowledge of what the DoJ calls a multiyear criminal enterprise”.

Ng was a deputy to Goldman’s former Southeast Asia chairman Tim Leissner, who has pleaded guilty to his role in the scandal.

Malaysian businessman Low Taek Jho, better known as Jho Low, the alleged mastermind behind the scheme to siphon billions of dollars from the fund, was charged in absentia.

Jho Low is accused of conspiring with Ng, then a Goldman Sachs banker, to launder billions of dollars embezzled from 1MDB.

He, Ng and Leissner are the first individuals to be charged in the US in relation to the 1MDB scandal.

Goldman Sachs arranged bond offerings that helped the fund raise more than US$6 billion, much of which, according to international authorities, was squirrelled away in private accounts and used to buy yachts, paintings and high-end real estate.