Singaporean charged with forgery in 1MDB probe
A former wealth manager at Swiss private bank BSI was yesterday charged with forgery as part of a money laundering investigation related to 1Malaysia Development Berhad (1MDB).
The forgery charge is the seventh filed against Yeo Jiawei, a 33-year-old Singaporean.
Yeo is also facing accusations of money laundering and cheating.
The authorities here are conducting a wide-ranging money-laundering probe into bank accounts linked to 1MDB whose activities have triggered investigations across three continents.
Yeo, who was handcuffed and appeared before the State Court via a video link, denied the charge, saying there was no forgery, reported Reuters. While the charges did not mention 1MDB by name, they stem from investigations into the fund's money flows, people familiar with the case have said.