Singapore jailing screams for Putrajaya action on 1MDB

The Malaysian Insight

The Monetary Authority of Singapore has blacklisted a number of bankers in relation to the 1MDB scandal. – EPA pic, July 12, 2017.

SINGAPORE sentenced wealth planner Yeo Jiawei to 54 months’ jail today for money laundering and cheating in relation to a massive global probe involving billions of dollars allegedly misappropriated from 1Malaysia Development Berhad (1MDB).

He is one of a few convicted for offences related to 1MDB in Singapore, which is the only country to have done so out of at least 10 investigating the scandal that has made Malaysia and “Malaysian Official No. 1” global headline news.

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