Ramlogan made the announcement in a media release.
The AG said the allegations against Ferguson and Galbaransingh are "complex and serious". However he noted that the Chief Magistrate found that there is evidence supporting a prima facie case against them both on the conduct alleged in the American request.
"Both the United States of America and Trinidad and Tobago have carried out extensive investigations into the alleged criminal conduct of Steve Ferguson and Ishwar Galbaransingh.
"The alleged criminal conduct has affected and may have occurred in both the United States of America and Trinidad and Tobago. Whilst all countries have a right to try persons accused of conduct that affects their individual country, there is a discretionary power in the AG to extradite accused persons in certain circumstances in the interest of justice," the release stated.
Ramlogan said after carefully considering the representations submitted to him in the extradition matter, he decided that "the USA is the more appropriate and convenient forum for these charges."
Ramlogan said he is convinced that both men will receive a fair trial in the U.S. and the interest of justice is best served by their extradition to the USA.
"It is important that these serious allegations be tried as soon as possible. In all the circumstances the AG has therefore decided that it is right that they be tried in the United States of America where they will be either acquitted or convicted," Ramlogan stated.
Both men have said extradition is unjust and oppressive because they and should not be extradited to the United States while they are facing prosecution in Trinidad and Tobago for similar matters.
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