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1MDB probe: Ex-BSI banker gets 54 months’ jail for money laundering, cheating

SINGAPORE – A Singapore court jailed a former wealth manager of Swiss bank BSI for four and a half years on Wednesday for money laundering and cheating in a case linked to an investigation involving the Malaysian fund 1MDB. The former banker, Yeo Jiawei, is serving a 30-month term on charges of perverting the course of justice by urging witnesses to lie to police and destroy evidence during the investigation into illicitly transferred funds linked to Malaysian sovereign wealth fund, 1Malaysia Development Berhad (1MDB). Yeo, 34, who denied perverting theRead More