By Luke Hunt
The Diplomat
December 30, 2016
Private banker jailed for 30 months.
The legal ramifications following the scandal linked to the 1MDB fund continues to resonate with a court in Singapore convicting a private banker of trying to obstruct investigations into the indebted fund founded by Malaysian Prime Minister Najib Razak.
Yeo Jiawei, 34, a former wealth planner at Swiss private bank BSI where he was known for his taste of the good life, was convicted of four charges related to obstructing, preventing or perverting the course of justice in regards to 1MDB or 1Malaysia Development Bhd.
He was sentenced to 30 months behind bars.
According to police, Yeo earned $18 million from the affair and had asked three witnesses to lie to authorities, get rid of a laptop and urged them not to travel to Singapore. Continue reading “Malaysia’s 1MDB Scandal Claims Another Scalp”