Singapore Brings 7th Charge Against Ex-BSI Banker in 1MDB Probe
- Prosecutor seeking to end investigations in 2-3 weeks
- Latest charge is one of forgery in relation to funds transfer
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The former BSI SA private banker charged amid probes related to the troubled 1Malaysia Development Bhd. was also accused of forgery with Singapore authorities signaling they plan to bring the investigations to a close within weeks.
The latest charge, submitted in a Singapore state court hearing against Yeo Jiawei on Thursday, brings the total to seven as the probe reaches a "critical stage," Second Solicitor-General Kwek Mean Luck said in court. He already had six other charges including money laundering, cheating BSI by dishonest concealment and obstructing justice. Yeo’s lawyer challenged the court’s decision to continue holding his client in custody.