1MDB

Flash

Former private banker Yeo Jiawei remanded until May 24; No new charges filed

SINGAPORE (May 19): Former BSI private banker Yeo Jiawei, who has been linked to the global investigation into Malaysia’s state investment fund 1Malaysia Development Bhd (1MDB), will be remanded until May 24. No additional charges were brought against h
1MDB

Update

Najib’s stepson bought house in London with 1MDB funds, says WSJ

SINGAPORE (May 19): The stepson of Malaysian Prime Minister Najib Razak allegedly used funds originating from a troubled state investment company to buy a house in central London in 2012, the Wall Street Journal reported Thursday.
BSI photo

Ex-BSI banker Yeo Jia Wei charged with forging bank’s authority on US$11.95 mil transfer

SINGAPORE (May 12): Former BSI banker Yeo Jia Wei, currently at the centre of money laundering investigations, had a seventh charge levelled against him today.
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