A Singapore court on Friday jailed a second former banker from Swiss wealth manager BSI on charges stemming from a money laundering investigation linked to state investor 1Malaysia Development Bhd (1MDB).
Yvonne Seah, 45, was sentenced to two weeks in prison and a fine of S$10,000 ($6,929), after pleading guilty to three charges including forgery and failure to disclose suspicious transactions involving Malaysian businessman Low Taek Jho.
Singapore authorities have described Low, also known as Jho Low, as a key figure in the money-laundering investigation.
Seah worked with Yak Yew Chee, a senior vice president at BSI Singapore, who was a private banker for Low and 1MDB.
Yak was sentenced to 18-week jail term in November on similar charges. Full story...
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Yvonne Seah, 45, was sentenced to two weeks in prison and a fine of S$10,000 ($6,929), after pleading guilty to three charges including forgery and failure to disclose suspicious transactions involving Malaysian businessman Low Taek Jho.
Singapore authorities have described Low, also known as Jho Low, as a key figure in the money-laundering investigation.
Seah worked with Yak Yew Chee, a senior vice president at BSI Singapore, who was a private banker for Low and 1MDB.
Yak was sentenced to 18-week jail term in November on similar charges. Full story...
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