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Busted: Singapore jails Ex-BSI banker linked to 1MDB probe
He was also fined $24,000.
A Singapore court on Friday jailed a former banker who handled Swiss bank BSI's relationship with state investor 1Malaysia Development Bhd (1MDB) for 18 weeks for forgery and failure to disclose suspicious transactions.
Yak Yew Chee, who worked as a senior vice president at BSI Singapore, was also a private banker for Malaysian businessman Low Taek Jho, who was described by Singapore authorities as a key figure in the money laundering investigation linked to 1MDB.
Yak pleaded guilty to four of seven charges at Singapore's state court. He was also fined S$24,000 (13,497 pounds).
Read more here from Reuters.
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