The compliance officer, who can only be identified as A., was an employee of Coutts & Co, where Low, the fugitive financier commonly known as Jho Low, had an account. A., 52, was the designated money laundering reporting officer for Coutts, according to the indictment.
(May 26): A decade after billions of dollars were wired to Swiss banks, the country is holding its first trial into whether a local banker failed to stop a US$700 million (S$997.4 million) transfer into an account controlled by Low Taek Jho, the alleged mastermind behind the 1MDB scandal.
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